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1065-1069 Bank St
1,189 SF of Retail Space Available in Ottawa, ON K1S 3W9
Highlights
- Trendy destination for shopping, dining and nightlife
- Constant vehicle and pedestrian traffic
- Nearby Lansdowne Place draws traffic to the area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1065 | 1,189 SF | Negotiable | $21.41 USD/SF/YR $1.78 USD/SF/MO $230.45 USD/m²/YR $19.20 USD/m²/MO $2,121 USD/MO $25,456 USD/YR | Triple Net (NNN) |
1st Floor, Ste 1065
Excellent branding opportunity in one of Ottawa's trendiest neighbourhoods! Old Ottawa South is a destination for dining, shopping, and nightlife. Highly effective building signage faces Bank Street, a major thoroughfare connecting the city from north to south. Constant vehicle and pedestrian traffic past your door. Over 16,205 cars passing daily! Steps away from Lansdowne Place in the Glebe where large events such as concerts, cultural & seasonal festivals, sports, and farmers markets draw traffic to the area year-round. Call District Realty: 613.759.8383
- Lease rate does not include utilities, property expenses or building services
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 1065-1069 Bank St , Ottawa, ON K1S 3W9
| Property Type | Retail | Gross Leasable Area | 3,843 SF |
| Property Subtype | Storefront | Year Built | 1945 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,843 SF |
| Year Built | 1945 |
About the Property
Highly visible retail spaces on Bank Street. Trendy area close to Lansdowne Place. Located across from the Mayfair Theatre and Shoppers Drug Mart.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
-
Susanne Wilkins -
Power Broker Darren Clare -
District Realty Corporation, Brokerage
Presented by
1065-1069 Bank St
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