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17 Benton St
2,877 - 5,754 SF of Retail Space Available in Kitchener, ON N2G 3G9
Highlights
- Heavy commercialized area
- Natural light exposure
- Heavy daytime foot traffic area
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 2,877 SF | 1-10 Years | $10.00 CAD/SF/YR $0.83 CAD/SF/MO $107.64 CAD/m²/YR $8.97 CAD/m²/MO $2,398 CAD/MO $28,770 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 2,877 SF | 1-10 Years | $30.00 CAD/SF/YR $2.50 CAD/SF/MO $322.92 CAD/m²/YR $26.91 CAD/m²/MO $7,193 CAD/MO $86,310 CAD/YR | Triple Net (NNN) |
Lower Level
• Newly renovated historic building, located in the heart of Downtown Kitchener • Once the home of K-W Oktoberfest • Main level has abundant natural light, courtesy of expansive windows on two sides and a welcoming patio • Basement space can be used for complementary private dining rooms, event spaces, convenient washrooms, storage, or even a separate tenant • These are the last 2 units remaining as the 2nd, 3rd, and 4th floors are already fully leased • Location is primed for success with over 4,000 residential units under construction or set to be completed by 2023, all within walking distance • Enjoy easy access to the LRT • Prime signalized corner location in Downtown that is quickly becoming a local food hot spot
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 5,754 SF of adjacent space
- Central Air Conditioning
- Access to public transit and highway
- Retail amenities nearby
1st Floor
• Newly renovated historic building, located in the heart of Downtown Kitchener • Once the home of K-W Oktoberfest • Main level has abundant natural light, courtesy of expansive windows on two sides and a welcoming patio • Basement space can be used for complementary private dining rooms, event spaces, convenient washrooms, storage, or even a separate tenant • These are the last 2 units remaining as the 2nd, 3rd, and 4th floors are already fully leased • Location is primed for success with over 4,000 residential units under construction or set to be completed by 2023, all within walking distance • Enjoy easy access to the LRT • Prime signalized corner location in Downtown that is quickly becoming a local food hot spot
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 5,754 SF of adjacent space
- Central Air Conditioning
- Access to public transit and highway
- Retail amenities nearby
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 17 Benton St , Kitchener, ON N2G 3G9
| Property Type | Retail | Gross Leasable Area | 8,575 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1932/2022 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,575 SF |
| Year Built/Renovated | 1932/2022 |
About the Property
Commercial retail property located in Kitchener, Ontario.
Nearby Major Retailers
-
Fraser Vrenjak -
Ryan Kaitting -
Cushman & Wakefield
Presented by
17 Benton St
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