424 S Service Road, Grimsby MLS Number: X11982802
541 - Grimsby West, Grimsby, Niagara, ON, L3M 4E8$30
Status:
- Property Type: Commercial (Commercial Retail)
- Property Taxes : $20.0 (Tax Year:2025)
- Listing Courtesy : Marino Locations Limited
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$30
Status:
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11982802 |
| Listing Type | :Lease |
| Possession Date | : |
| Last Updated | :26 Mar, 2025 (372 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3M 4E8
|
| Price | : Price On Request |
|---|---|
| Property Taxes | :$20.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Casablanca Blvd. |