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Stratsburg Square 1241 Strasburg Rd
1,055 SF of Retail Space Available in Kitchener, ON N2R 1S6
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste #3 | 1,055 SF | 3-10 Years | £16.18 /SF/PA £1.35 /SF/MO £17,071 /PA £1,423 /MO | Triple Net |
1st Floor, Ste #3
An exclusive space designated for an optical store is available for lease, presenting a great opportunity to establish your optical/optometrist office or other approved business. This new commercial unit is located at the crossroads of Bleems Rd and Strasburg Rd in Kitchener, offering significant exposure in a high-traffic area. The unit is currently in shell condition, requiring the tenant to undertake leasehold improvements. Additionally, the unit has a right of way for the elevator mechanical room. Other approved uses within the plaza include walk-in clinics, pharmacies, dentists, physiotherapy clinics, Mexican fast-food outlets, nail salons, laser clinics, barber shops, and professional offices on the second floor.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 agent 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 1241 Strasburg Rd , Kitchener, ON N2R 1S6
| Property Type | Retail | Gross Internal Area | 31,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2022 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 31,000 SF |
| Year Built | 2022 |
About the Property
Strasburg Square is a contemporary retail complex featuring a sleek design and prime location at 1241 Strasburg Road, Kitchener. The building is constructed with reinforced concrete and offers large storefront windows that bring in abundant natural light, creating an inviting atmosphere for customers. The property is designed with modern amenities, including a passenger elevator and wheelchair accessibility, ensuring convenience for all. Located on a corner lot with substantial street frontage, it provides excellent visibility from both Strasburg Road and Bleams Road, making it an ideal spot for retail businesses. The complex also offers ample parking, enhancing ease of access for both customers and employees. With its high-quality construction and strategic position, Strasburg Square provides an excellent opportunity for businesses looking to establish a presence in Kitchener’s growing retail market.
- Corner Lot
- Security System
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
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Stratsburg Square | 1241 Strasburg Rd
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