This premium Baker Street retail unit is AVAILABLE IMMEDIATELY FOR LEASE ASSIGNMENT OR SUBLEASE. The existing tenant, KTK Masala Shop, will be relocating their store and as a result, is seeking a replacement tenant to take over their lease. This is an exceptionally rare opportunity to access Baker Street retail space, the most desirable commercial retail space in the Kootenays, with ~37 feet of retail frontage and a depth of ~110 feet. Comprising a leased area of 5,000 square feet, there is an additional ~5,000 square feet of "bonus" basement space included. The unit includes three phase 200A power, air conditioning, separate metering, ~15 ft. ceiling heights to truss, laneway loading, two washrooms, and mezzanine office space. The current lease (offered here for assignment or sublease) which expires August 31, 2028, offers an attractive below-market current base rent of $13.73 per square foot per year plus triple net, with annual escalations in September of each year. (id:4069)
Address |
639 BAKER STREET |
List Price |
$14 |
Property Type |
Other |
Area |
British Columbia |
Sub-Area |
Nelson |
MLS® Number |
2475291 |
Listing Brokerage |
Royal LePage Kelowna
|
Postal Code |
V1L4J3 |
Site Influences |
Shopping, Recreation Nearby, Highway, Stores |
Features |
Central location, Visual exposure, Other, Paved driveway |
Amenities |
Storage - Locker |