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465 Phillip St
1,444 - 3,172 SF of Office Space Available in Waterloo, ON N2L 6C7
Highlights
- good parking
- signage option
- nearby bus stop
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 203A | 1,728 SF | 5-10 Years | $14.95 CAD/SF/YR $1.25 CAD/SF/MO $25,834 CAD/YR $2,153 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 204B | 1,444 SF | 5-10 Years | $14.95 CAD/SF/YR $1.25 CAD/SF/MO $21,588 CAD/YR $1,799 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 203A
1,728 sq ft 2nd floor office space at the intersection of Phillip and Albert Street. This plaza is anchored by Tim Hortons and is nestled nicely in the center of student residences, tech companies and other high traffic retail/office nodes. Lots of parking on-site and easily accessible from multiple entrances.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 3,172 SF of adjacent space
- Central Air Conditioning
- Located in-line with other retail
- Great Retail Location
- Great Anchor Tenants
2nd Floor, Ste 204B
1,728 sq ft 2nd floor office space at the intersection of Phillip and Albert Street. This plaza is anchored by Tim Hortons and is nestled nicely in the center of student residences, tech companies and other high traffic retail/office nodes. Lots of parking on-site and easily accessible from multiple entrances.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 3,172 SF of adjacent space
- Central Air Conditioning
- Located in-line with other retail
- Great Retail Location
- Great Anchor Tenants
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 465 Phillip St , Waterloo, ON N2L 6C7
| Property Type | Retail | Total Land Area | 2.64 AC |
| Property Subtype | Freestanding | Year Built | 1984 |
| Gross Leasable Area | 31,001 SF | Parking Ratio | 4.2/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 31,001 SF |
| Total Land Area | 2.64 AC |
| Year Built | 1984 |
| Parking Ratio | 4.2/1,000 SF |
About the Property
The plaza is very nicely around student residence. lots of parking and located in multiple bus route.
- Corner Lot
- Pylon Sign
- Signage
Nearby Major Retailers
Contacts
-
Matthew Dickson -
Michael Conrad -
Coupal Markou Commercial Real Estate Inc.
Presented by
465 Phillip St
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