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Virgil Heights Plaza 1585 Niagara Stone Rd
1,850 - 18,020 SF of Retail Space Available in Niagara-On-The-Lake, ON L0S 1T0
Highlights
- In the Centre of the Vigil commercial node
- Flexible Leasing (1,850 - 10,015 SF, 5-15 years)
- New Retail Expansion with TD Bank
- Prime retail spaces in a high-traffic center
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,850 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 3,830 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 2,325 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 10,015 SF | 5-15 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1585 Niagara Stone Rd - 1st Floor
The space will comprise 6,600 square feet of retail accommodation.
1585 Niagara Stone Rd - 1st Floor
The space will comprise 2,605 square feet of first floor retail accommodation.
1585 Niagara Stone Rd - 1st Floor
The space will comprise up to 5,076 square feet of retail accommodation.
1585 Niagara Stone Rd - 1st Floor
The space will comprise up to 9,100 square feet of office accommodation.
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 1585 Niagara Stone Rd , Niagara-On-The-Lake, ON L0S 1T0
| Total Space Available | 18,020 SF | Gross Leasable Area | 18,020 SF |
| Center Type | Strip Center | Year Built | 2021 |
| Center Properties | 4 |
| Total Space Available | 18,020 SF |
| Center Type | Strip Center |
| Center Properties | 4 |
| Gross Leasable Area | 18,020 SF |
| Year Built | 2021 |
About the Property
1585 Niagara Stone Rd in Niagara-On-The-Lake offers an excellent retail leasing opportunity within a vibrant commercial area. This shopping center, built in 2021, is strategically located in the heart of the Vigil commercial node, providing high visibility and easy access for customers. The available spaces range from 1,850 to 10,015 square feet, making it ideal for a variety of retail or service-oriented businesses. The center already houses TD Bank, enhancing the area's foot traffic and offering added credibility to potential tenants. With flexible lease terms between 5 to 15 years, this property provides businesses with the opportunity to establish a long-term presence in a rapidly growing neighborhood. The area benefits from robust infrastructure and a growing customer base, making it a prime location for expansion or new ventures. This is a great chance for businesses looking to capitalize on a modern, high-traffic retail space in Niagara-On-The-Lake.
Nearby Major Retailers
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Virgil Heights Plaza | 1585 Niagara Stone Rd
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