Description
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.
Overview
Property ID:
X12124038
Type:
Land
Square:
22,050 m²
Price:
$4,600 / monthly
PropertyType:
Commercial
TransactionType:
For Lease
BuildingAreaUnits:
Square Feet
Cooling:
Heating:
Unknown
ParkingFeatures:
Unknown
YearBuilt:
Unknown
TaxAnnualAmount:
26056
PossessionDetails:
TBD
Map
-
AddressKingston
Contact Agency
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