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569 Lancaster St W 1,560 - 4,474 SF of Retail Space Available in Kitchener, ON N2K 3M9
Highlights
- Ample on-site parking with dual entry and exit access
- Zoned Mixed Use Commercial for diverse business uses
- High-traffic street and excellent exposure
- Rear door access and flexible unit configuration
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1A-1B | 2,914 SF | 5-10 Years | $17.59 USD/SF/YR $1.47 USD/SF/MO $51,258 USD/YR $4,272 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1C | 1,560 SF | 5-10 Years | $17.59 USD/SF/YR $1.47 USD/SF/MO $27,441 USD/YR $2,287 USD/MO | Triple Net (NNN) |
1st Floor, Ste 1A-1B
Prime 2,914 sq. ft. commercial retail space for lease at an extremely high-traffic location with excellent street presence, ample on-site parking, dual entrance and exit access, and rear door access for convenient loading and daily operations. MIX-2 zoning permits a wide range of uses including restaurant, retail, pharmacy, medical, dental, physiotherapy clinic, walk-in clinic, fitness, educational, salon, barbershop, and more. Excellent opportunity for both independent and franchise businesses seeking strong visibility in a rapidly growing commercial area. Flexible space configuration with opportunity to expand into adjacent units or demise the premises to accommodate a variety of business requirements, subject to Landlord approval and availability.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Flexible space configuration
- Rear door access
- Ample on-site parking
- Dual entrance and exit access
1st Floor, Ste 1C
Prime 1,560 sq. ft. commercial retail space for lease at an extremely high-traffic location with excellent street presence, ample on-site parking, dual entrance and exit access, and rear door access for convenient loading and daily operations. MIX-2 zoning permits a wide range of uses including restaurant, retail, pharmacy, medical, dental, physiotherapy clinic, walk-in clinic, fitness, educational, salon, barbershop, and more. Flexible space configuration options available. This unit may be combined with adjacent units to accommodate larger space requirements, subject to Landlord approval and availability. Excellent opportunity for both independent and franchise businesses seeking strong visibility in a rapidly growing commercial area.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Flexible space configuratio
- Rear door access
- Ample on-site parking
- Dual entrance and exit access
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 569 Lancaster St W, Kitchener, ON N2K 3M9
- Tenant
- Description
- CAN Locations
- Reach
- Most Convenience Store
- Retailer
- -
- -
- Rommana Cafe
- Retailer
- -
- -
- Silver Cross Stores
- Home Improvement
- 6
- National
| Tenant | Description | CAN Locations | Reach |
| Most Convenience Store | Retailer | - | - |
| Rommana Cafe | Retailer | - | - |
| Silver Cross Stores | Home Improvement | 6 | National |
Property Facts
| Total Space Available | 4,474 SF | Gross Leasable Area | 8,460 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Freestanding | Parking Ratio | 4.02/1,000 SF |
| Total Space Available | 4,474 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,460 SF |
| Year Built | 1988 |
| Parking Ratio | 4.02/1,000 SF |
About the Property
The property consists of two freestanding retail buildings positioned on Lancaster Street West in Kitchener, Ontario. It consists of 8,460 SF arranged on a single floor, constructed with masonry materials in 1988. The parcel measures one acre and provides 34 surface parking spaces. Frontage measures approximately 65 feet with one curb cut. Zoning is designated as C-4 commercial. Building amenities include signage and a pylon sign. There is no dock access or elevators within the building.
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
569 Lancaster St W
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