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5900-5912 Kingsway
1,120 SF of Retail Space Available in Burnaby, BC V5J 1H2
Highlights
- High visibility and frontage along Kingsway
- Maximum signage exposure
- Ideally positioned for a range of retail uses
- Opportunity for a retailer to leverage the expanding residential community in Burnaby
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 5904 | 1,120 SF | 1-10 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Triple Net |
1st Floor, Ste 5904
Opportunity to lease a demised property situated along the Kingsway corridor, with daily traffic exceeding 37,000 vehicles, 5900 Kingsway offers an outstanding leasing opportunity for sought-after retail spaces in the dynamic Royal Oak neighborhood. This opportunity boasts a prime location, excellent visibility, and adaptable usage potential, making it an attractive option for retailers.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- High visibility and frontage along Kingsway
- Ideally positioned for a range of retail uses
- Maximum signage exposure
- Expanding residential community in Burnaby
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 5900-5912 Kingsway , Burnaby, BC V5J 1H2
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Service Station | Parking Ratio | 2.02/1,000 SF |
| Gross Internal Area | 14,845 SF |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Internal Area | 14,845 SF |
| Year Built | 1981 |
| Parking Ratio | 2.02/1,000 SF |
About the Property
This property situated along the Kingsway corridor, with daily traffic exceeding 37,000 vehicles, 5900 Kingsway offers an outstanding leasing opportunity for sought-after retail spaces in the dynamic Royal Oak neighborhood. This opportunity boasts a prime location, excellent visibility, and adaptable usage potential, making it an attractive option for retailers.
- Bus Route
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
5900-5912 Kingsway
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