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87-93 King St W
2,600 SF of Office Space Available in Kitchener, ON N2G 1A7
Highlights
- The property's strategic positioning ensures maximum visibility and accessibility for your business
- With easy access to the Light Rail Transit (LRT) and transit services, commuting is a breeze for both employees and clients.
- Join the ranks of forward-thinking businesses in a location that cultivates creativity and growth.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 2,600 SF | 1-5 Years | $14.99 USD/SF/YR $1.25 USD/SF/MO $161.31 USD/m²/YR $13.44 USD/m²/MO $3,247 USD/MO $38,965 USD/YR | Triple Net (NNN) |
2nd Floor, Ste 200
Discover an unparalleled business opportunity at 87 King St W, a prestigious commercial property located in the vibrant heart of downtown Kitchener. Boasting a spacious 2,600 sf of recently remodeled space, this suite offers an ideal setting for businesses seeking a central and dynamic location. This strategic location is situated in the bustling downtown core and enjoys proximity to essential amenities, public transit, and key landmarks such as Victoria Park and City Hall. The property's strategic positioning ensures maximum visibility and accessibility for your business, and you will benefit from the close proximity to Communitech and thesoon to be Innovation Arena. Both these groups are leading technology hubs fostering innovation and collaboration. Join the ranks of forward-thinking businesses in a location that cultivates creativity and growth. Surrounded by a rich tapestry of amenities, including dining options, retail establishments, and cultural attractions, this commercial space provides an enticing environment for both employees and clients. Experience the convenience of having everything you need right at your doorstep. With easy access to the Light Rail Transit (LRT) and transit services, commuting is a breeze for both employees and clients.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 7 - 21 People
- High End Trophy 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.
PROPERTY FACTS FOR 87-93 King St W , Kitchener, ON N2G 1A7
| Property Type | Retail | Gross Leasable Area | 12,500 SF |
| Property Subtype | Storefront | Year Built | 1905 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,500 SF |
| Year Built | 1905 |
About the Property
The property's strategic positioning ensures maximum visibility and accessibility for your business, and you will benefit from the close proximity to Communitech and thesoon to be Innovation Arena. Both these groups are leading technology hubs fostering innovation and collaboration. Join the ranks of forward-thinking businesses in a location that cultivates creativity and growth. Surrounded by a rich tapestry of amenities, including dining options, retail establishments, and cultural attractions, this commercial space provides an enticing environment for both employees and clients. Experience the convenience of having everything you need right at your doorstep. With easy access to the Light Rail Transit (LRT) and transit services, commuting is a breeze for both employees and clients.
Nearby Major Retailers
-
Nick Boertien -
Jane Klugman -
Avison Young Commercial Real Estate
Learn More About Renting Office Space
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87-93 King St W
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