1368 Border Street For Lease

Property Description

LOCATION: 1368 BORDER STREET

AREA: Approximately 5,150 Sq. Ft.

820 Sq. Ft. of office (part air conditioned)

1,020 Sq. Ft. canopy area with 580 Sq. Ft. unheated storage

TENANT’S RESPONSIBILITIES:

Rent.  Hydro.  Heat.  Water.

Janitor service & waste disposal.

Grounds maintenance & snow removal.

All realty taxes. (2023 $12,826.60)

Normal maintenance & repair.

Building insurance & extended coverage

Lighting replacement.

Sprinkler System inspection (annually)

Management & Supervisory Fee.

LANDLORD’S RESPONSIBILITIES:

Structural Repairs – roof deck, exterior walls (excluding glass), floor (excluding floor covering), and building foundation.

RENTAL:$8.95 per sq. ft. per annum net or $3,841.04 per month net, plus GST

REQUIRED DEPOSIT: 3 months base rent to be applied towards the first and last months rental plus one months damage deposit.

LEASE TERM: 5 Years

POSSESSION: Arranged

ZONING: M2

FEATURES: Dock level loading. Insulate automatic 8’ x 10’ door with dock leveler on platform. 14 ft. ceiling height at eve going to 18’ at building centre. Gas furnaces & radiant heat with heat saver door. 3 phase power, 550 volts. Sprinklered. Structural floor with crawlspace under office part of the building. Common Area Costs for 2024 Estimated at $4.50 per sq. ft. per month net.

PARKING: Adequate parking in front & side

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