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$4,600
22,050 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Rent
Square Footage 22,050 sqft
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12124038
Annual Tax Amount $26,056
Tax Year 2024
Property Sub-Type Land
Property 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.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Rooms
Kitchen 0
Exterior
Utilities Available Available
Lot Frontage 147.0
Lot Depth 150.0
Building
New Construction false
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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
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