ON > Grimsby > 541 - Grimsby West
Grimsby, ON L3M 4E8,424 S Service RD
Grimsby, ON L3M 4E8,424 S Service RD
Grimsby, ON L3M 4E8,424 S Service RD
Grimsby, ON L3M 4E8,424 S Service RD
Grimsby, ON L3M 4E8,424 S Service RD
Grimsby, ON L3M 4E8,424 S Service RD
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 30

2,550 SqFt

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$ 30
Save

2,550 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Rent

Square Footage 2,550 sqft

Subdivision 541 - Grimsby West

MLS Listing ID X11982802

Annual Tax Amount $20

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Rare 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 anytime as of the 5th year of the term, in which case they may elect to terminate the lease on 6 months advance written notice (with no repayment of unamortized tenant improvement expenses). 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.

Location

Province ON

County Niagara

Community 541 - Grimsby West

Area Niagara

Zoning C4

Interior

Cooling Yes

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 843.0

Lot Depth 315.0

Others

Security Features Yes

Listed by MARINO LOCATIONS LIMITED
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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