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Home ON Greater Hamilton Niagara Region Grimsby Casablanca & Area
424 S SERVICE ROAD
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424 S SERVICE ROAD $30/Monthly
$30/Monthly
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424 S SERVICE ROAD
Grimsby (Grimsby West), Ontario L3M4E8

MLS® Number: X12393643

Listing Description

Exciting 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 in which case they may elect to terminate the lease on 6 months advance written notice. 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 or via BrokerBay. (41234546)

Location Description

Cross Streets: Casablanca Blvd. ** Directions: SW of WEQ/Hwy 10 Interchange in Grimsby.

Property Summary

Property Type
Retail
Community Name
541 - Grimsby West
Land Size
843 x 315 FT
Annual Property Taxes
$20
Time on REALTOR.ca
101 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Recreation

Measurements

Square Footage
2550 sqft

Land

Lot Features
Frontage
843 ft
Land Depth
315 ft
Other Property Information
Zoning Description
C4
Lease Type
Net
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John Marino