Commercial/retail For Lease - 5 Wellington St, Kitchener, Ontario N2G

location_on 5 Wellington St, Kitchener

Commercial/retail

5 Wellington St

Kitchener, Ontario N2G 1C7

$16

For Lease

Property Information

The Station Park Building located in Kitchener is a prime retail location situated in a rapidly growing urban center. Station park offers retailers a modern, vibrant space, designed to complement the areas blend of historical charm and forward thinking urban development attracting a mix of locals, professionals and visitors to its retail spaces. *IMPORTANT* – This listing is being marketed at a reduced asking price to support the retail businesses that consider opening herewith tiered rent structure while the master planned development is taking place. Current asking net rent is $14.00 – $16.00 / sq. ft. (2025-2027) Once Phase 2 of the project is completed, (2028-2029) the net will escalate to $26.00-$28.00 /sq. ft. Upon the full project completion, (2030+) net rents will set up to a fair market rate of $40.00 – $42.00 / sq. ft.

Basic Details
Property Type : Commercial/retail
Listing Type : For Lease
Listing ID : X10430479
Price : $16
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : N2G 1C7
City : Kitchener
Street : Wellington
Street Number : 5
Street Suffix : St
Floor Number : 0
Longitude : W81° 29' 49.8''
Latitude : N43° 27' 13.4''
Features
Heating System : Gas Forced Air Open
Elevator : Public
Brokerage
Office Name : CBRE LIMITED
Extra Information
address/street_dir_suffix : S
address/unit_number : 3C
Air Conditioning : Y
Area : Waterloo
living_area : 0
living_area_unit : Sqft
Lease : Lease
Street Direction : S
Tax Year : 2024

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5 Wellington St Kitchener, Ontario N2G 1C7