Added 3 days ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Retail Store Related
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Zoning: Commercial
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Age: New
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Taxes: 17
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MLS®#: X10430479
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Days on Site: 2 Days
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Added: Nov 17, 2024 (3 days ago)
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Updated:
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Last Checked: 8 hours ago
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Listed By: CBRE LIMITED
The Station Park Building located in Kitchener is a prime retail location situated in a rapidly growing urban center. Station park offers retailers a modern, vibrant space, designed to complement the areas blend of historical charm and forward thinking urban development attracting a mix of locals, professionals and visitors to its retail spaces. *IMPORTANT* - This listing is being marketed at a reduced asking price to support the retail businesses that consider opening herewith tiered rent structure while the master planned development is taking place. Current asking net rent is $14.00 - $16.00 / sq. ft. (2025-2027) Once Phase 2 of the project is completed, (2028-2029) the net will escalate to $26.00-$28.00 /sq. ft. Upon the full project completion, (2030+) net rents will set up to a fair market rate of $40.00 - $42.00 / sq. ft.
Property
Status: Lease
Type: Retail Store Related
Property Type: Commercial/Retail
Property Type: Retail
Age: New
Area: Kitchener
Availability Date: Immediate
Inside
Bathrooms: 1
Air Conditioning: Y
Washrooms: 1
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Open
Elevator: Public
UFFI: No
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: Underground
Fees
Tax Year: 2024
Taxes: $17
Taxes Type: T.M.I.
Land
Cross Street: Wellington St / King
Municipality District: Kitchener
Sewer: San+Storm Avail
Zoning: Commercial
Commercial Specific
Rail: N
Retail Area: 100
Retail Area Metric: %
Sprinklers: N
Terms: 120
Total Area: 1061
Total Area Metric: Sq Ft
Minimum Rental Months: 60
Area Influence: Major Highway
Area Influence: Rec Centre
Lot Code: Unit
King Edward Public School
Elementary: PublicMargaret Avenue Public School
Elementary: PublicWestmount Public School
Elementary: PublicSt John Catholic Elementary School
Elementary: CatholicElizabeth Ziegler Public School
Elementary: PublicJ F Carmichael Public School
Elementary: PublicSt David Catholic Secondary School
Secondary: CatholicForest Heights Collegiate Institute
Secondary: PublicKitchener Waterloo Collegiate and Vocational School
Secondary: PublicBluevale Collegiate Institute
Secondary: PublicWaterloo Collegiate Institute
Secondary: PublicCameron Heights Collegiate Institute
Secondary: Public
