Rare leasing opportunity at Niagara Gateway Tourist Information Centre & Major Highway Rest Stop/Service Station, which is conveniently located at QEW/Casablanca Blvd (Hwy 10) in Grimsby with over 85,000 vehicles passing per day (one of the busiest highways in Canada!) with over 6 million visitors per year passing through the centre. Join best in class brands including Tim Hortons, Wendy's, KFC/Taco Bell, Mr. Sub, Manchu Wok, New York Fries, Dairy Queen, Pizza Pizza & more. This former restaurant space is 2,550 SF + patio (with potential to expand or demise if necessary) with average net rent starting at $30 PSF minimum rent per square foot per year (with escalations expected throughout the term) + approximately $20 PSF in additional rent = $10,625 + HST monthly rent in first year. Note existing exclusive uses in place as shown. 10 year lease preferred, although Landlord will require a right to redevelop the property anytime as of the 5th year of the term, in which case they may elect to terminate the lease on 6 months advance written notice (with no repayment of unamortized tenant improvement expenses). In close proximity to Real Canadian Superstore, RONA, Fit4Less, A&W, Starbucks, car dealerships & more. Lockbox installed for authorized access to view premises after approved by listing brokerage in writing in advance.
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On Market
Commercial/Retail
Property Type
$20 / Year
Est. Taxes
Retail
Style
-
Business Type
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Franchise
Listing Details
Lot Depth:
315 Feet
Lot Size:
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Style:
Retail
Exterior Construction:
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Roof Material:
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Patio/Deck:
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Driveway:
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Swimming Pool:
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Schools nearby
Listing Brokerage
MLS® Listing
X11982802
Brokerage
MARINO LOCATIONS LIMITED
MARINO LOCATIONS LIMITED - Disclaimer: The information contained in this listing has not been verified by MARINO LOCATIONS LIMITED and should be verified by the buyer.
Data is deemed reliable but not guaranteed accurate by TRREB.
