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372-380 Bank St
1,090 - 2,255 SF of Retail Space Available in Ottawa, ON K2P 1Y4
Highlights
- Very high pedestrian traffic
- Back door for loading
- Ample metered street parking nearby
- Great exposure and signage
- Central air-conditioning
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,090 SF | 1-10 Years | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $376.74 CAD/m²/YR $31.39 CAD/m²/MO $3,179 CAD/MO $38,150 CAD/YR | Triple Net (NNN) | ||
| 1st Floor | 1,165 SF | 1-10 Years | $40.95 CAD/SF/YR $3.41 CAD/SF/MO $440.78 CAD/m²/YR $36.73 CAD/m²/MO $3,976 CAD/MO $47,707 CAD/YR | Modified Gross |
1st Floor
Central air-conditioning One free on-site parking space behind the unit
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Central air-conditioning
- One free on-site parking space
1st Floor
372 Bank St. Great exposure and signage. Back door for loading. Quality wooden floors, high ceilings and exposed brick wall. Space is approximately 1165 SF plus a basement with storage racks.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 4 - 12 People
- Great exposure and signage
- Back door for loading
- Quality wooden floors and high ceilings
- Exposed brick wall
- Basement with storage racks
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 372-380 Bank St , Ottawa, ON K2P 1Y4
| Property Type | Retail | Gross Leasable Area | 7,159 SF |
| Property Subtype | Storefront | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,159 SF |
| Year Built | 1900 |
About the Property
Building offers great exposure and signage. Very high pedestrian traffic. Back door access for loading. Free on-site parking for tenants located behind the building. Ample metered street parking nearby. Central air conditioning.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
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Power Broker John Zagerman - John Zagerman Real Estate Services Ltd
Presented by
John Zagerman Real Estate Services Ltd
372-380 Bank St
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