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624-630 King St E
1,540 - 3,889 SF of Space Available in Cambridge, ON N3H 3N6
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 624 | 2,349 SF | Negotiable | $7.10 USD/SF/YR $0.59 USD/SF/MO $16,681 USD/YR $1,390 USD/MO | Triple Net (NNN) | ||
1st Floor, Ste 630 | 1,540 SF | Negotiable | $13.55 USD/SF/YR $1.13 USD/SF/MO $20,863 USD/YR $1,739 USD/MO | Triple Net (NNN) |
1st Floor, Ste 624
Affordable Lower Level Commercial Space for Lease just off of High-Traffic Street! Set up for an office but can easily be converted into retail space. Key Features include flexible layout, large open area, separate office with floor to ceiling glass, two separate bathrooms, full basement with high ceilings, easy access, lots of parking available, and surrounded by popular businesses. Don’t miss this opportunity to position your business in a large space at a very reasonable price.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
1st Floor, Ste 630
Prime Commercial Space for Lease on High-Traffic Street! Set up for a retail shop but can easily be converted into office space. Make a lasting impression as the property benefits from a steady flow of potential customers and nearby amenities. Key Features include high-visibility location, great foot traffic, flexible layout, full basement for added opportunity, easy access, lots of parking available, and surrounded by popular businesses. Don't miss this opportunity to position your business in a prime location with unmatched visibility and exposure.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Tenant to pay all utilities.
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 624-630 King St E , Cambridge, ON N3H 3N6
Property Type | Retail | Gross Leasable Area | 9,764 SF |
Property Subtype | Storefront Retail/Residential | Year Built | 1912 |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 9,764 SF |
Year Built | 1912 |
About the Property
Located in a highly sought-after area, this commercial space offers excellent visibility and foot traffic on a busy street in Cambridge.
Nearby Major Retailers
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624-630 King St E
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