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37-39 King Av E 4,000 SF of Retail Space Available in Newcastle, ON L1B 1H3
Highlights
- Three-story masonry construction
- 41 ft of King Ave frontage in Newcastle
- Mixed-use retail and residential footprint
- Eight surface parking spaces available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 37 | 4,000 SF | Negotiable | $18.30 USD/SF/YR $1.53 USD/SF/MO $73,207 USD/YR $6,101 USD/MO | Modified Gross |
1st Floor, Ste 37
This retail property offers 4,000 square feet of space in a highly accessible Bowmanville location along King Street East. Positioned just steps from public transit and across from a municipal parking lot, the site provides excellent convenience for customers and employees alike. The building features four bathrooms, fully air-conditioned interiors, and natural gas heating, creating a functional environment for a variety of retail concepts. Nearby amenities include major highways and robust public transit routes, ensuring consistent traffic and connectivity to surrounding neighborhoods. The property is on the south side of King Street East near Division Street, placing it in the heart of the downtown area with strong visibility and accessibility. Gross lease structure simplifies occupancy planning for tenants.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Hardwood Floors
- Located in GTA East submarket
- 4,000 SF of street-level retail space
- Directly across from municipal parking lot
- Fully air-conditioned with natural gas heating
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.
Select Tenants at 37-39 King Av E, Newcastle, ON L1B 1H3
- Tenant
- Description
- CAN Locations
- Reach
- Shooters & Shots
- -
- 1
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- Under The Toadstool
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- 1
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| Tenant | Description | CAN Locations | Reach |
| Shooters & Shots | - | 1 | - |
| Under The Toadstool | - | 1 | - |
Property Facts
| Total Space Available | 4,000 SF | Gross Leasable Area | 8,000 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1/1,000 SF |
| Total Space Available | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,000 SF |
| Year Built | 1900 |
| Parking Ratio | 1/1,000 SF |
About the Property
The property at 37-39 King Ave E in Newcastle, Ontario is a three-story masonry structure totaling 8,000 square feet. Built in 1900, the building integrates both retail and residential components, with retail comprising approximately 13 percent of the area and multifamily roughly 24 percent. It carries C zoning for commercial use and features approximately 41 feet of frontage along King Avenue East. The site includes eight surface parking spaces and is situated within the GTA East submarket of Durham County.
- Restaurant
- Air Conditioning
Nearby Major Retailers
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37-39 King Av E
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