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1012-1035 Mississaga St W 4,200 SF of Retail Space Available in Orillia, ON L3V 3C7
HIGHLIGHTS
- Heavy traffic on the road
- Close to highway 11 & big outdoor mall
- Lots of residential around the proeprty.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ste 4 | 4,200 SF | 18’6” | Negotiable | $192.00 CAD/SF/YR $16.00 CAD/SF/MO $806,400 CAD/YR $67,200 CAD/MO | Triple Net (NNN) |
Ste 4
Two unit avalibale for lease # 3 - 3400 sf & # 4 - 4200 sf
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Drinking Establishment
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 18’6”
- Plaza just next 1 away to highway 11
- All the AAA retrail store around by
- Lakehead Universty Campus 5 min away from plaza
- OPP call centre in 5 min away from plaza
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,200 SF | Gross Leasable Area | 11,200 SF |
| Property Type | Retail | Year Built | 1980 |
| Total Space Available | 4,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,200 SF |
| Year Built | 1980 |
ABOUT THE PROPERTY
Discover this incredible commercial lease opportunity, strategically located just 5 minutes from the highway. The property is currently adjacent to a high-traffic convenience store, a thriving restaurant, and a U-Haul business, an ideal location for a wide range of retail ventures.
NEARBY MAJOR RETAILERS
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1012-1035 Mississaga St W
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