Commercial listings / Land / For lease
45 Dalton Avenue, Kingston, ON K7K 6C2
$4,600
- Property type
- Land
- Transaction
- For lease
- Location
- Kingston, Frontenac
- Building area
- 22,050 Square Feet
- Lot size
- 0.48 Feet
- MLS® number
- X12554092
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.
Listing brokerage: RE/MAX RISE EXECUTIVES, BROKERAGE
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