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179-191 Queen St
4,200 SF of Retail Space Available in Scugog, ON L9L 1B9
Highlights
- Commercial zone
- Exposure to Queen St
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,200 SF | 3-10 Years | $27.50 CAD/SF/YR $2.29 CAD/SF/MO $296.01 CAD/m²/YR $24.67 CAD/m²/MO $9,625 CAD/MO $115,500 CAD/YR | Triple Net (NNN) |
1st Floor
Unparalleled location and visibility in one of Port Perry's best known landmark properties located in the town's busiest retail location. Superior retail space measuring appr. 3,100 SF currently occupied by the highly successful Panorama Furniture and Ladieswear store. NOTE: the total area of 183 Queen Street is appr. 4,200 SF and the available area here represents *a portion* of the total. A separate tenant occupies appr. 1,100 SF of the area, and the balance--appr. 3,100 SF-- is available for lease here. Space may continue to be shared, or the space may be demised. See attached floorplan. Formerly known as Settlement House, this "anchor" of downtown Port Perry is easily one of the most visited addresses in the town, and located within a section of Queen Street designated as Port Perry's Heritage Conservation District. Base Rent $30.95 per SF ($7,995./month). Additional rent $7.25 per SF. Additional basement storage area of 1,300 SF (approximately) is available for additional $500/month.
- Lease rate does not include utilities, property expenses or building services
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 179-191 Queen St , Scugog, ON L9L 1B9
| Property Type | Retail | Year Built | 1886 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.45/1,000 SF |
| Gross Leasable Area | 17,754 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,754 SF |
| Year Built | 1886 |
| Parking Ratio | 0.45/1,000 SF |
About the Property
One Of Port Perry's Best-Known Landmark Properties Located In The Town's Busiest Retail Location.
Nearby Major Retailers
-
Derek Green -
RE/MAX Eastern Realty Inc
Presented by
179-191 Queen St
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