Grimsby

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424 S Service Road
541 - Grimsby West Niagara L3M 4E8

$30 /Net Lease
Commercial

Main Photo: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 1: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 2: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 3: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 4: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 5: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 6: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Photo 7: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
X11982802
Rare leasing opportunity at Niagara Gateway Tourist Information Centre & Major Highway Rest Stop/Service Station, which is conveniently located at QEW/Casablanca Blvd (Hwy 10) in Grimsby with over 85,000 vehicles passing per day (one of the busiest highways in Canada!) with over 6 million visitors per year passing through the centre. Join best in class brands including Tim Hortons, Wendy's, KFC/Taco Bell, Mr. Sub, Manchu Wok, New York Fries, Dairy Queen, Pizza Pizza & more. This former restaurant space is 2,550 SF + patio (with potential to expand or demise if necessary) with average net rent starting at $30 PSF minimum rent per square foot per year (with escalations expected throughout the term) + approximately $20 PSF in additional rent = $10,625 + HST monthly rent in first year. Note existing exclusive uses in place as shown. 10 year lease preferred, although Landlord will require a right to redevelop the property anytime as of the 5th year of the term, in which case they may elect to terminate the lease on 6 months advance written notice (with no repayment of unamortized tenant improvement expenses). In close proximity to Real Canadian Superstore, RONA, Fit4Less, A&W, Starbucks, car dealerships & more. Lockbox installed for authorized access to view premises after approved by listing brokerage in writing in advance.
Minimum Rental Term:
60
Maximum Rental Term:
120
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
2550 sq. ft. Square Feet
Total Area:
2,550 sq. ft.
Retail Area:
2550 sq. ft. Sq Ft
Depth:
315'
Frontage:
843'
Water supply:
Municipal
Zoning:
C4
Heating type:
Gas Forced Air Open
Garage:
None
Type Taxes:
TMI
Taxes:
$20 / 2025
Assessment:
$- / -
Grimsby
541 - Grimsby West
Niagara
Major Highway, Recreation/Community Centre
Yes
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Category:
Retail
Date Listed:
Feb 21, 2025
Original Price:
$30
  • Photo 1: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 2: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 3: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 4: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 5: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 6: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
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  • Photo 7: 424 S Service Road in Niagara: 541 - Grimsby West Commercial for lease (Grimsby)  : MLS®# X11982802
    Photo 7 of 7
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Listed by MARINO LOCATIONS LIMITED
Data was last updated July 17, 2025 at 12:15 AM (UTC)
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