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198 Princess St

2,102 SF of Retail Space Available in Kingston, ON K7L 1B2

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,102 SF
  • 3-10 Years
  • $35.00 CAD/SF/YR $2.92 CAD/SF/MO $376.74 CAD/m²/YR $31.39 CAD/m²/MO $6,131 CAD/MO $73,570 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Prime corner location in the heart of Kingston's downtown shopping area. This space presents a blank canvas available for your interesting and unique business. Join other national and independent retailers catering to local residents, students, medical professionals, and tourists. Approximately 2,100 SF on main floor space with a basement of approximately 1,00 SF along with the potential for a patio facing south-west.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor 2,102 SF 3-10 Years $35.00 CAD/SF/YR $2.92 CAD/SF/MO $376.74 CAD/m²/YR $31.39 CAD/m²/MO $6,131 CAD/MO $73,570 CAD/YR Triple Net (NNN)

1st Floor

Size
2,102 SF
Term
3-10 Years
Rental Rate
$35.00 CAD/SF/YR $2.92 CAD/SF/MO $376.74 CAD/m²/YR $31.39 CAD/m²/MO $6,131 CAD/MO $73,570 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Prime corner location in the heart of Kingston's downtown shopping area. This space presents a blank canvas available for your interesting and unique business. Join other national and independent retailers catering to local residents, students, medical professionals, and tourists. Approximately 2,100 SF on main floor space with a basement of approximately 1,00 SF along with the potential for a patio facing south-west.

  • 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 198 Princess St , Kingston, ON K7L 1B2

Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 5,931 SF
Year Built 1963

Features and Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
Walk Score ®
Walker's Paradise (100)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The Keg Steakhouse + Bar
Jack Astor's Bar and Grill
CIBC
TD Canada Trust
Starbucks
Scotiabank
Five Guys
GoodLife Fitness
CrossFit
Tim Hortons
  • Listing ID: 29820547

  • Date on Market: 2023-10-18

  • Last Updated:

  • Address: 198 Princess St, Kingston, ON K7L 1B2

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