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525 Hespeler Rd
1,201 - 10,612 SF of Retail Space Available in Cambridge, ON N1R 6J2
Highlights
- Premium retail/service commercial space available for lease on busy Hespeler Road in Cambridge
- Daily traffic counts of over 50,000 vehicles
- Property is grocery store anchored by Goodness Me!
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11 | 8,203 SF | 1-10 Years | $25.00 CAD/SF/YR $2.08 CAD/SF/MO $269.10 CAD/m²/YR $22.42 CAD/m²/MO $17,090 CAD/MO $205,075 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 14 | 1,201 SF | 1-10 Years | $36.00 CAD/SF/YR $3.00 CAD/SF/MO $387.50 CAD/m²/YR $32.29 CAD/m²/MO $3,603 CAD/MO $43,236 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 15 | 1,208 SF | 1-10 Years | $36.00 CAD/SF/YR $3.00 CAD/SF/MO $387.50 CAD/m²/YR $32.29 CAD/m²/MO $3,624 CAD/MO $43,488 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 11
Average daily traffic count of 50,000+ vehicles (2016) – Excellent site specific daily foot traffic – Ample onsite drive up parking and on two GRT bus routes – Ideal for many commercial users: retail store, restaurant, dental, medical, financial services, etc. – Major site improvements made in the last few years redeveloping the plaza – Pylon & fascia signage available – Join tenants: Starbucks, The Brick, Goodness Me!, BarBurrito, Firehouse Subs, Red Swan Pizza, Royal Indian Buffet & Sweets, The Lighting Shoppe and Edible Arrangements
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 14
Average daily traffic count of 50,000+ vehicles (2016) – Excellent site specific daily foot traffic – Ample onsite drive up parking and on two GRT bus routes – Ideal for many commercial users: retail store, restaurant, dental, medical, financial services, etc. – Major site improvements made in the last few years redeveloping the plaza – Pylon & fascia signage available – Join tenants: Starbucks, The Brick, Goodness Me!, BarBurrito, Firehouse Subs, Red Swan Pizza, Royal Indian Buffet & Sweets, The Lighting Shoppe and Edible Arrangements
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 15
Average daily traffic count of 50,000+ vehicles (2016) – Excellent site specific daily foot traffic – Ample onsite drive up parking and on two GRT bus routes – Ideal for many commercial users: retail store, restaurant, dental, medical, financial services, etc. – Major site improvements made in the last few years redeveloping the plaza – Pylon & fascia signage available – Join tenants: Starbucks, The Brick, Goodness Me!, BarBurrito, Firehouse Subs, Red Swan Pizza, Royal Indian Buffet & Sweets, The Lighting Shoppe and Edible Arrangements
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 525 Hespeler Rd , Cambridge, ON N1R 6J2
| Property Type | Retail | Total Land Area | 1.50 AC |
| Property Subtype | Freestanding | Year Built | 1995 |
| Gross Leasable Area | 21,635 SF | Parking Ratio | 2.77/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,635 SF |
| Total Land Area | 1.50 AC |
| Year Built | 1995 |
| Parking Ratio | 2.77/1,000 SF |
About the Property
Premium retail/service commercial space available for lease on busy Hespeler Road in Cambridge. Property is grocery store anchored by Goodness Me! and is also home to Starbucks, The Lighting Shoppe, BarBurrito, Firehouse Subs, The Brick Mattress Store, Kelseys, Canada Computers and many others! Daily traffic counts of over 50,000 vehicles. Tenant occupancy for January 1st 2023. Locate your business in this thriving development and take advantage of unsurpassed traffic and exposure. Pylon/Fascia signage available and ample on site parking.
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
525 Hespeler Rd
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