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156-158 Rideau St
2,645 SF of Retail Space Available in Ottawa, ON K1N 5X6
Highlights
- Steps away from Rideau Center in the Byward Market
- Walking distance to Parliament Hill and the University of Ottawa
- Heavy traffic and pedestrian area
- Excellent exposure along Rideau St.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 158 | 2,645 SF | 1-10 Years | $29.43 USD/SF/YR $2.45 USD/SF/MO $77,852 USD/YR $6,488 USD/MO | Triple Net (NNN) |
1st Floor, Ste 158
Ground floor retail unit currently built out as footwear and apparel store.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- High Ceilings
- Secure Storage
- Basement
- High ceilings
- Full basement for storage
- Rideau Street window exposure
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 156-158 Rideau St , Ottawa, ON K1N 5X6
Property Type | Retail | Year Built | 1910 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 0.63/1,000 SF |
Gross Leasable Area | 7,935 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 7,935 SF |
Year Built | 1910 |
Parking Ratio | 0.63/1,000 SF |
About the Property
Located in the heart of the Byward Market, at the corner of Dalhousie Street and Rideau Street steps from Rideau Center. Property is easily accessible by Highway 417 on/off ramps at Nicholas Street and also accessible through public transit routes and Rideau LRT station. Nearby retail amenities include Hudson Bay, 3 Brothers Shawarma & Poutine, Joey Rideau, Subway, and much more.
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Learn More About Leasing Retail Properties
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156-158 Rideau St
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