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390 Romeo St S
2,900 SF of Retail Space Available in Stratford, ON N5A 4T9
Highlights
- Versatile Space: 2,900 sqft light industrial shop with showroom.
- Prime Location: Good exposure, rear yard, and public parking.
- Well-Equipped: Overhead doors, loading dock, radiant heat.
- Natural light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,900 SF | 1-10 Years | $9.83 USD/SF/YR $0.82 USD/SF/MO $105.86 USD/m²/YR $8.82 USD/m²/MO $2,377 USD/MO $28,521 USD/YR | Triple Net (NNN) |
1st Floor
Excellent light industrial shop and showroom space with good exposure, overhead doors, rear yard and public parking available for lease. Located in a building with one other tenant, the showroom is clean and bight, shop space has 13 1/2 ft clearance to truss, one loading dock (no leveler), one drive in bay, one tow motor overhead door, in floor drain for wash station, welding plug, LED lighting and in floor radiant heat. This could be the perfect opportunity for your industrial business. Contact your trusted REALTOR® for more information.
- 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 390 Romeo St S , Stratford, ON N5A 4T9
Property Type | Retail | Year Built | 1995 |
Gross Leasable Area | 5,703 SF |
Property Type | Retail |
Gross Leasable Area | 5,703 SF |
Year Built | 1995 |
About the Property
Located at 388-390 Romeo Street S, Stratford, this 2,900 sqft light industrial shop and showroom offers excellent exposure and functionality for your business. Featuring overhead doors, a rear yard, and public parking, this space is designed to meet a variety of industrial needs. The showroom is clean and bright, while the shop area boasts 13 1/2 ft clearance to the truss, one loading dock (no leveler), one drive-in bay, and a tow motor overhead door. Additional features include an in-floor drain for a wash station, welding plug, LED lighting, and in-floor radiant heat. This property is ideal for industrial businesses seeking a versatile and well-equipped space. Located in a shared building with one other tenant, the site benefits from high visibility and convenient access. Zoned I2, it provides excellent opportunities for growth and development. Monthly lease: $14. Contact your REALTOR® for more details.
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390 Romeo St S
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