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2273 S Island Hwy
1,976 SF of Retail Space Available in Campbell River, BC V9W 1C4
Highlights
- Busy satellite commercial node within South Campbell River
- Ample on-site parking
- Excellent amenities in the immediate area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,976 SF | 3-5 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $39,520 CAD/YR $3,293 CAD/MO | Triple Net (NNN) |
1st Floor
This 1,976 square foot retail unit offering is ideally situated within a high exposure South Campbell River village shopping centre. Previously an Italian restaurant, the unit is outfitted with a bar top and kitchen grade appliances (which can be purchased separately or removed prior to possession). Tenant pylon signage on the South Island Highway is the top slot and available for monthly rent.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Excellent amenities in the immediate area
- Ample on-site parking
- major commercial/residential hub
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 2273 S Island Hwy , Campbell River, BC V9W 1C4
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Supermarket | Parking Ratio | 3.5/1,000 SF |
| Gross Leasable Area | 12,336 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 12,336 SF |
| Year Built | 2005 |
| Parking Ratio | 3.5/1,000 SF |
Nearby Major Retailers
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2273 S Island Hwy
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