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266 E King Ave 266 E King Ave 1,500 - 7,535 SF of Office/Retail Space Available in Clarington, ON L1B 1H5
HIGHLIGHTS
- Rapidly developing area with new residential communities in development.
- Great exposure, access and parking.
- High-traffic zone.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-7,535 SF | 1-10 Years | $14.33 USD/SF/YR $1.19 USD/SF/MO $107,957 USD/YR $8,996 USD/MO | Triple Net (NNN) |
1st Floor
- Newcastle is a community in the Municipality of Clarington in Durham Region, Ontario, Canada. The Town of Newcastle was also the original name of what is now Clarington. - Newcastle is located about 80 km east of Toronto and about 18 km east of Oshawa and Bowmanville on Hwy 401. It is also the southern terminus of Hwy 35 and Hwy 115. - Rapidly developing area with new residential communities in development - New retail/commercial project in the heart of Newcastle - High-traffic zone - Great exposure, access and parking - Ideal for all retail/commercial/institutional uses, including, but not limited to,restaurant, service, medical, retail, schools, offices
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 4 - 61 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,535 SF | Property Subtype | Storefront |
| Min. Divisible | 1,500 SF | Gross Leasable Area | 7,535 SF |
| Property Type | Retail | Year Built | 2016 |
| Total Space Available | 7,535 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,535 SF |
| Year Built | 2016 |
ABOUT THE PROPERTY
Units from 1,500 sq. ft. Rapidly developing area with new residential communities in development. New retail/commercial project in the heart of Newcastle. High-traffic zone. Great exposure, access and parking.
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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266 E King Ave | 266 E King Ave
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