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153 Preston St
1,223 SF of Retail Space Available in Ottawa, ON K1R 7P6
Highlights
- The property is in walking distance to transit
- The property is located in Little Italy neighbourhood
- The property has Traditional Mainstreet zoning
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,223 SF | 1 Year | $20.14 USD/SF/YR $1.68 USD/SF/MO $24,626 USD/YR $2,052 USD/MO | Modified Gross |
1st Floor
Fantastic retail space with great window frontage/exposure along Preston St. Main retail space is approx 1223 sq ft. Walking distance to transit, restaurants and cafes. Operating costs of approx $9.00 a sq ft.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
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.
SELECT TENANTS AT 153 Preston St, Ottawa, ON K1R 7P6
- Tenant
- Description
- CAN Locations
- Reach
- Bridgehead
- Coffee
- 411
- International
- Darell Thomas Textiles
- Retailer
- -
- -
| Tenant | Description | CAN Locations | Reach |
| Bridgehead | Coffee | 411 | International |
| Darell Thomas Textiles | Retailer | - | - |
PROPERTY FACTS FOR 153 Preston St , Ottawa, ON K1R 7P6
| Property Type | Retail | Gross Leasable Area | 2,446 SF |
| Property Subtype | Storefront | Year Built | 1929 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,446 SF |
| Year Built | 1929 |
About the Property
153 Preston Street is a retail property with approx 2446 square feet of retail space, with a additional 1300 sq ft of lower level with its own separate exterior door/entrance off Preston Street in addition to the interior access from the main retail space.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Learn More About Leasing Retail Properties
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153 Preston St
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