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1416-1420 Douglas St
6,249 SF of Retail Space Available in Victoria, BC V8W 2G1
HIGHLIGHTS
- Flagship Downtown Victoria location provides elite visibility and brand recognition
- Significant scale with 6,249 SF of ground floor retail space & additional 5,000 SF of lower storage
- Rear loading at grade accessible via Pandora Ave
- 67 feet of premier high-traffic Douglas Street frontage
- Exceptional signage opportunity
- Street parking available directly in front of building and one block from multiple parkades
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 6,249 SF | 11’3” | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
The main floor retail space is currently in shell condition, providing tenants with the opportunity to modernize and refinish the space to suit their business concept. 5000 SF basement.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 11’3”
- Basement
- Exceptional signage opportunity
- Retail area in shell condition
- Rear loading at grade
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 1416-1420 DOUGLAS ST , VICTORIA, BC V8W 2G1
| Total Space Available | 6,249 SF | Gross Leasable Area | 11,249 SF |
| Property Type | Retail | Year Built | 1911 |
| Property Subtype | Storefront |
| Total Space Available | 6,249 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,249 SF |
| Year Built | 1911 |
ABOUT THE PROPERTY
Introducing a rare opportunity to lease a prominent flagship retail space located in the heart of Downtown Victoria along Douglas Street. This property boasts high foot traffic, excellent visibility, and potential for an upgraded modern storefront, making it the ideal location for brands looking to make a statement. With generous square footage and customizable interior options, the space is suitable for a variety of retail concepts. Surrounded by popular restaurants and shopping destinations, this flagship location promises to attract a diverse clientele and drive sales. Don’t miss on your chance to establish your brand in this prime location!
- Signage
- Storage Space
NEARBY MAJOR RETAILERS
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1416-1420 Douglas St
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