Victoria-Grange Plaza
259 Grange Rd
Guelph, ON N1E 5G6
https://thebrokerlist.com/have/victoria-grange-plaza-108830
FOR LEASE
Property Type:
Restaurant
Last Verified:
Jan 21, 2021
Highlights
- +/- 3,549 SF available
- Net Rental Rate: $18.50/SF
- Additional Rent: $6.30/SF (2020 estimate)
Description
All set-up restaurant space for lease in established high-traffic plaza. Indoor seating capacity for 102 and patio capacity for 48 persons. Located in high-traffic area and in close proximity to residential neighbourhoods. Ample on-site parking. New hood fire suppression system. Existing tenants include: CIBC, Home Hardware, Pharmacy/medical among others. Equipment available for purchase.
Neighbourhood plaza at high-traffic Victoria Rd N & Grange Rd location.
Building Size: 66000sq ft
Lot Size: 0 acres
Units for Lease
Unit #4
Space Available: 3549 SF
Lease Type: NNN
Price Per Sqft/Year: $18.5
Map of 259 Grange Rd, Guelph, ON, N1E 5G6
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
