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.
MLS# | 40635080 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 86 |
Listing Provided By | Re/Max Rise Executives, Brokerage | Patrick N Hulley |
Zoning | C2.187 |
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Acreage | 0.48 |
Province | ON |
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County | Frontenac |
City | Kingston |
Postal Code | K7K 6C2 |
Area | Kingston |
Subarea | 22 East of Sir John A. Blvd |
Community Name | 22 East of Sir John A. Blvd |
Listing VS Median (in 22 East of Sir John A. Blvd) | |
Price: $4,600 low | high Med: $679,945 On Site: 86 low | high Med: 108.000000 |