5 Wellington Street

Original Remarks

The Station Park Building located in Kitchener is a prime retail location situated in a rapidly growing urban center. Station park offers retailers a modern, vibrant space, designed to complement the areas blend of historical charm and forward thinking urban development attracting a mix of locals, professionals and visitors to its retail spaces. *IMPORTANT* - This listing is being marketed at a reduced asking price to support the retail businesses that consider opening herewith tiered rent structure while the master planned development is taking place. Current asking net rent is $14.00 - $16.00 / sq. ft. (2025-2027) Once Phase 2 of the project is completed, (2028-2029) the net will escalate to $26.00-$28.00 /sq. ft. Upon the full project completion, (2030+) net rents will set up to a fair market rate of $40.00 - $42.00 / sq. ft.