$4,600 Monthly
Located at one of Kingston's highest-profile corners, this property is situated at the northwest corner of Dalton & Division St., just off a major exit of Highway 401 into Kingston. Surrounding retail chains include Starbucks, McDonald's, Dairy Queen, Tim Hortons, Canadian Tire, Shoppers Drug Mart, and more. This is a land lease opportunity where the tenant builds to suit, with land lease rates starting at $55,000 per annum, triple net (payable monthly at $4,600 plus HST and additional rent). The lease is carefree to the landlord for the first five years of the 20-year term, with escalations every five years. The land lease format structure is available for preview by prequalified prospects. If you are looking for a high-profile location at a major entrance to Kingston, consider Dalton & Division. (id:28469)
Property Details
MLS® Number
|
40635080 |
Property Type
|
Vacant Land |
AmenitiesNearBy
|
Public Transit, Shopping |
CommunityFeatures
|
High Traffic Area, Industrial Park |
Features
|
Corner Site, Industrial Mall/subdivision |
Building
BasementType
|
None |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Road Access, Highway Access, Highway Nearby |
Acreage
|
No |
LandAmenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
SizeDepth
|
150 Ft |
SizeFrontage
|
147 Ft |
SizeIrregular
|
0.48 |
SizeTotal
|
0.48 Ac|under 1/2 Acre |
SizeTotalText
|
0.48 Ac|under 1/2 Acre |
ZoningDescription
|
C2.187 |