Space

961

Square Feet

About Unit 108

Storefront commercial space, located in the densest area of waterloo. The building is scheduled to be completed by September 2017. Unit is not zoned for a restaurant. Some important facts to consider: 1) There are over 5,100 beds within a kilometer radius. 2) Only 20% of students have cars, which means lots of foot traffic. 3) We are the only developer that offers residential, retail, and office space in the area. You have the option to purchase or lease the property. 4) All of our residential units have been sold, as a result you get to take advantage of the hundreds of individuals who reside above your business. 5) Albert street is a 3-5 minute walk to both the University of Waterloo and Wilfrid Laurier University. Retail space within walking distance of the University of Waterloo and Wilfrid Laurier University is in very short supply. By incorporating these spaces into our developments, Sage Condos is providing business owners with the opportunity to capitalize on the densely populated market. The city of Waterloo has approved a plan for high-density living in the surrounding area, which will make this space increasingly valuable in years to come. Sage Condos offers luxury and brand new accommodations for all residents in the area. Students make up 50% of our tenants and many are upper-year or grad students. Over the last 10 years, the student population has doubled in Waterloo and will continue to be the fastest-growing segment of the population. Young professionals and young couples working in the nearby tech park also represent a large portion of the demographic.

  • Base building
  • Outdoor signage
  • Est. Monthly Rent: $3,043
  • Sale Price: $360,375
  • Size 961 SF
  • Type Retail (Street front)
  • Gross Rent $38.00/SF
  • Base Rent $26.00/SF
  • Additional Rent $12.00/SF
  • Lease Direct
  • Availability Now
  • Last Updated Feb 18, 2016
  • Verified On Mar 21, 2016
  • Source Listing Contact
  • Total Available Space 0 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
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