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107-115 Rideau St
1,898 - 16,941 SF of Space Available in Ottawa, ON K1N 5X1
Highlights
- Prime location at entrance to Byward market
- Averages over 50,000 visitors per weekend
- Historical well maintained three story building
- Located next to LRT and across from the Rideau Centre
- Base Build ready
- Professionally managed
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 113 | 1,898 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 2nd Floor, Ste Unit 200 | 7,308 SF | 1-10 Years | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $161.46 CAD/m²/YR $13.45 CAD/m²/MO $9,135 CAD/MO $109,620 CAD/YR | Triple Net (NNN) | ||
| 3rd Floor, Ste Unit 300 | 7,735 SF | 1-10 Years | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $161.46 CAD/m²/YR $13.45 CAD/m²/MO $9,669 CAD/MO $116,025 CAD/YR | Triple Net (NNN) |
1st Floor, Ste Unit 113
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste Unit 200
Great use of space for an office or exercise/dance studio
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 19 - 59 People
- Space In Need of Renovation
- Central Air Conditioning
- Downtown Location
- Ample Amenities nearby
- Lots of Light
3rd Floor, Ste Unit 300
Great for Dance Studio or office space
- Lease rate does not include utilities, property expenses or building services
- Fits 20 - 62 People
- Central Air Conditioning
- Downtown Location
- Ample Amenities nearby
- Natural Light
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 FOR 107-115 Rideau St , Ottawa, ON K1N 5X1
| Property Type | Retail | Gross Leasable Area | 26,347 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 26,347 SF |
| Year Built | 1900 |
About the Property
This "Prime" location next to the LRT-Rideau station and the entrance of the Gateway to the Byward Market offers 15,043 sf on two floors. The Byward Market has served Ottawa for nearly 200 years and is Ottawa's number one tourist attraction, with the best foot traffic! It averages 50,000 visitors per weekend in the summer months and is also directly located across the street from the Rideau Centre. Over 600 businesses in a 4 block radius attracting millions of visitors a year. This historical three story building has the 2nd and 3rd floors available respectively at 7,308sf & 7,735sf. Both floors are base build ready for your design. This is a great opportunity for office space or exercise studios. We want to work with you to help realize your dream! Be a part of this historical Nation's Capital site. We are happy to provide tours upon request.
- Bus Line
- Signalized Intersection
Nearby Major Retailers
-
Power Broker Todd Beech -
The Regional Group
Presented by
107-115 Rideau St
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