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List Price: $30 /mo

424 S Service Road, Grimsby, L3M 4E8

- By MARINO LOCATIONS LIMITED
Commercial Retail|MLS - #X11982802|New
Bed
Bath
2550 Sqft.
None Garage

Client Remarks

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.
Property Description

424 S Service Road, Grimsby, L3M 4E8

Property type

Commercial Retail

Lot size

N/A acres

Style

Approx. Area

2550 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

2550

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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424 S Service Road, Grimsby, L3M 4E8
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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