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571-575 King St E
871 - 2,574 SF of Retail Space Available in Hamilton, ON L8N 1E4
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 571 | 871 SF | 1-10 Years | $18.60 CAD/SF/YR $1.55 CAD/SF/MO $200.21 CAD/m²/YR $16.68 CAD/m²/MO $1,350 CAD/MO $16,201 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 573-575 | 1,703 SF | 1-10 Years | $17.61 CAD/SF/YR $1.47 CAD/SF/MO $189.55 CAD/m²/YR $15.80 CAD/m²/MO $2,499 CAD/MO $29,990 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 571
An exceptional retail opportunity awaits at 571 King Street East in Hamilton! This 871 SF space is perfectly located along the future LRT corridor, ideal for retailers, cafés, or service businesses. The space has been recently refurbished with fresh lighting, new electrical, floor-to-ceiling display windows, and new HVAC systems on the way. With high visibility and modern upgrades, your business will thrive in this well-connected area. Public transit is easily accessible, and parking is available directly in front. Surrounding tenants include No Frills, Dollarama, McKnight's Pharmacy, and a variety of shops and restaurants, making this an ideal location for attracting customers. Rent is $1.350 monthly.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 2,574 SF of adjacent space
- 1,703 SF double-unit retail space
- Located along future LRT corridor
- Newly refurbished with modern updates
1st Floor, Ste 573-575
An exceptional retail opportunity awaits at 573-575 King Street East in Hamilton! This 1,703 SF double-unit space offers an ideal location along the future LRT corridor, making it perfect for retailers, cafés, or service businesses. Recently refurbished with fresh lighting, new electrical, floor-to-ceiling display windows, and new HVAC systems on the way, the space provides modern upgrades and excellent visibility. Easily accessible by public transit with parking available in front, this space offers great convenience for both customers and business owners. Surrounded by popular retailers such as No Frills, Dollarama, McKnight's Pharmacy, and numerous other shops and restaurants, it is the perfect spot to establish or grow your business. Rent is $2,500 monthly.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 2,574 SF of adjacent space
- 1,703 SF double-unit retail space
- Located along future LRT corridor
- Newly refurbished with modern updates
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 571-575 King St E , Hamilton, ON L8N 1E4
| Property Type | Retail | Gross Leasable Area | 6,278 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2012 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,278 SF |
| Year Built | 2012 |
Nearby Major Retailers
Contacts
-
Martinus Geleynse Real Estate Corp Ben Zarate -
Martinus Geleynse
- Martinus Geleynse Real Estate Corp
Presented by
Martinus Geleynse Real Estate Corp
571-575 King St E
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