For Lease · Specialty

30 DUKE Street W, Kitchener

30 DUKE Street W, Kitchener, ON N2H3W4

Price on request

800 SF

Asset Class

Specialty

Size

800 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

87%

Year Built

1987

Lot Size

0 ac

About this property

Exceptional opportunity to lease fully enclosed, lockable and furnished private offices with 24/7 access at 30 Duke Street West in the heart of Downtown Kitchener! Featuring 10 individual offices, each approximately 8 ft. x 10 ft. (80 sq. ft.), this professionally configured commercial space offers flexible leasing arrangements. Lease one office, multiple offices, or all 10 together to suit your business needs. Each private office comes furnished with a desk and chair, providing a secure, comfortable, move-in-ready workspace with the convenience of 24/7 access. Tenants enjoy shared reception facilities, kitchen and washrooms. All-inclusive rental option available from $650/month plus HST, including utilities, high-speed internet and common-area cleaning, subject to confirmation. Alternative base rent arrangements may be available with services charged separately. Ideal for consultants, accountants, financial advisors, IT professionals, startups, tutors, and other permitted professional or service-based businesses. Conveniently located steps from the LRT within a prominent Downtown Kitchener mixed-use development featuring residential units, retail businesses and nearby amenities. Zoned SGA-4 (19H), subject to applicable permitted uses and approvals. Room sizes are approximate. Sublease terms and arrangements are subject to the existing lease and any required landlord consent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group697 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

68,620

Households

29,738

Median income

$65,000

Median age

39.7

Daytime population

82,836

5-yr growth

6.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 30 DUKE Street W, Kitchener.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.