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170-172 King St E
2,260 SF of Retail Space Available in Toronto, ON M5A 1J3
Highlights
- Vibrant and high traffic area
- Corner Space
- Underground public parking in the building
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 170 | 2,260 SF | 5-10 Years | £30.93 /SF/PA £2.58 /SF/MO £332.96 /m²/PA £27.75 /m²/MO £69,908 /PA £5,826 /MO | Triple Net |
1st Floor, Ste 170
Prime Showroom and Office space for lease in the Design District. Vibrant and high traffic area with underground public parking in the building. Extra high ceilings with a 700 square foot mezzanine makes this space extra unique. This bright open space offers excellent corner exposure. Ideal for showroom use. Landlord’s preference is to keep the units combined but will consider leasing individually.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- High Ceilings
- Contiguous space available
- Ideal for Showroom
- 700 SF Mezzanine
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 170-172 King St E , Toronto, ON M5A 1J3
| Property Type | Retail | Gross Internal Area | 9,943 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1907/2008 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 9,943 SF |
| Year Built/Renovated | 1907/2008 |
About the Property
170 - 172 King Street East is located in the North West corner of King Street E and George Street. This space offers great frontage on King Street E and is at the center of all amenities with a walking score of 98. This space offers a prime showroom and office space.
Nearby Major Retailers
-
David Moretti -
Colliers
Presented by
170-172 King St E
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