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340-342 Gladstone Ave
3,004 SF of Retail Space Available in Ottawa, ON K2P 0Y8
Highlights
- Close to many amenities and restaurants
- Good pedestrian traffic
- Great signage and exposure
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 102 | 3,004 SF | 1-10 Years | £11.09 /SF/PA £0.92 /SF/MO £33,321 /PA £2,777 /MO | Modified Gross |
1st Floor, Ste 102
Tasteful existing leasehold improvements, high ceilings, wood laminate floors, 2 accessible washrooms. Idea for martial arts, yoga and dance studios.
- Listed rate may not include certain utilities, building services and property expenses
- High Ceilings
- Wheelchair Accessible
- Tasteful existing leasehold improvements
- High ceilings
- Wood laminate floors
- 2 accessible washrooms
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 340-342 Gladstone Ave , Ottawa, ON K2P 0Y8
| Property Type | Retail | Gross Internal Area | 11,389 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1950 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 11,389 SF |
| Year Built | 1950 |
About the Property
Free standing 2-storey solid brick building just east of Bank St., close to Shoppers Drug Mart, many restaurants, and amenities nearby. Great signage and exposure with good pedestrian traffic. Free street parking, parking meters and lots nearby. loading zone in front of property.
- Bus Route
- Signage
Nearby Major Retailers
Presented by
John Zagerman Real Estate Services Ltd
340-342 Gladstone Ave
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