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37 King St W 3,585 SF of Office Space Available in Kitchener, ON N2G 1A1
Highlights
- Downtown Kitchener location
- Three-story masonry construction
- Multi-tenant income potential
- Mixed-use retail and residential asset
- Three-story masonry construction
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,585 SF | Negotiable | $17.24 USD/SF/YR $1.44 USD/SF/MO $61,808 USD/YR $5,151 USD/MO | Triple Net (NNN) |
1st Floor
Main floor, Brick & Beam space located in the heart of Downtown Kitchener. Open concept with original hardwood floors, exposed brick walls, spiral duct work, two bathrooms and kitchenette. The space also includes a large mezzanine with a wood staircase and glass railings. Great signage opportunity on King Street and benefit from the abundance of foot traffic in the Downtown core.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 9 - 29 People
- 1 Conference Room
- Central Heating System
- Private Restrooms
- High Ceilings
- Natural Light
- Located in-line with other retail
- Open-Plan
- Hardwood Floors
- Spiral Duct Work
- Two Bathrooms
- Kitchenette
- Exposed Brick Walls
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 | 3,585 SF | Gross Leasable Area | 17,716 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,585 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,716 SF |
| Year Built | 1930 |
About the Property
37 King St W is a mixed-use retail and residential property in Kitchener, Ontario. The three-story masonry building contains 17,716 square feet and was originally constructed in 1930. The property is situated on a 0.09-acre parcel and is zoned SGA-1 (Low-Rise Strategic Growth Area One Zone). The building includes retail and multifamily uses, supports multi-tenant occupancy, and features approximately 37 feet of frontage along King Street West. The property is located within Kitchener's downtown area in the Western Greater Golden Horseshoe submarket.
- Conferencing Facility
- Mezzanine
- Signage
Nearby Major Retailers
Presented by
37 King St W
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