Your email has been sent.
1023-1031 Teron Rd 835 SF of Retail Space Available in Ottawa, ON K2K 1R2
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 835 SF | Sep 2027 | $31.62 CAD/SF/YR $2.64 CAD/SF/MO $26,403 CAD/YR $2,200 CAD/MO | Triple Net (NNN) |
1st Floor
This is a prime opportunity to secure a high-visibility retail footprint in the heart of Beaverbrook, Kanata’s original "Garden City" and a key gateway to the North Kanata Tech Park. Whether you are looking for a turnkey food-service location or a boutique retail space, this unit offers the flexibility and exposure needed to thrive in one of Ottawa’s most affluent suburban demographics. ________________________________________ FOR SUBLEASE | ASSIGNMENT 1029 Teron Road, Ottawa, ON – Available Space: 835 Square Feet Current Use: Fully-Equipped Bakery Lease Expiry: September 30, 2027 Financials: Contact Listing Team for Rent & Op Costs | Utilities paid direct by Tenant ________________________________________ The Opportunity: "Turnkey or Fresh Start" Located in the bustling Teron Plaza (anchored by Circle K), this 835 SF unit is perfectly sized for an owner-operator. The current tenant is a bakery; for a qualified entrepreneur, the tenant is open to a corporate sale of business assets, allowing you to step into a fully-outfitted bakery kitchen and retail front immediately. Key Highlights • Maximum Exposure: High-visibility exterior signage opportunities facing Teron Road, capturing traffic from both the Beaverbrook residential core and the Kanata North business community. • Convenience & Access: Ample on-site surface parking for customers and staff. Minutes from Highway 417 and March Road. • Flexible Terms: The current tenant is seeking a lease assignment or sublease, but a direct long-term lease with the landlord may possibility. ________________________________________ Target Market & Demographics Kanata North is synonymous with high-income professionals and established families. This location services a unique hybrid of daily commuters and local residents: • Average Household Income: ~$167,000 (well above the city average). • Primary Catchment: Over 60,000 residents in the immediate Kanata North area. • Professional Hub: Situated at the entrance to Canada’s largest technology park (Nokia, Mitel, Ciena), providing a steady stream of lunch and after-work foot traffic. ________________________________________ Recommended Retail Uses Based on the existing infrastructure (bakery/food prep) and the surrounding neighborhood needs, the following uses are highly likely to succeed: 1. Specialty Food & Beverage: Gourmet bakery, artisan coffee house, dessert bar, or juice/smoothie shop. 2. Boutique Retail: Flower shop, upscale pet supplies, or a specialized gift/hobby store catering to the local families. 3. Health & Beauty: Boutique hair salon, barbershop, or aesthetician services. 4. Specialized Professional Services: Real estate satellite office, accounting/tax firm, or a travel agency. 5. Fitness & Wellness: Yoga studio, boutique Pilates, or personalized physical therapy.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Private Restrooms
- Plug & Play
- • Maximum Exposure: High-visibility
- • Convenience & Access
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.
Select Tenants at 1023-1031 Teron Rd, Ottawa, ON K2K 1R2
- Tenant
- Description
- CAN Locations
- Reach
- Baked By Modern General
- -
- 1
- -
- Circle K
- Convenience Market
- 1,112
- International
- Kumon
- Other Services
- 455
- International
| Tenant | Description | CAN Locations | Reach |
| Baked By Modern General | - | 1 | - |
| Circle K | Convenience Market | 1,112 | International |
| Kumon | Other Services | 455 | International |
Property Facts
| Total Space Available | 835 SF | Gross Leasable Area | 8,100 SF |
| Property Type | Retail | Year Built | 1973 |
| Property Subtype | Freestanding | Parking Ratio | 4.94/1,000 SF |
| Total Space Available | 835 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,100 SF |
| Year Built | 1973 |
| Parking Ratio | 4.94/1,000 SF |
About the Property
This is a prime opportunity to secure a high-visibility retail footprint in the heart of Beaverbrook, Kanata’s original "Garden City" and a key gateway to the North Kanata Tech Park. Whether you are looking for a turnkey food-service location or a boutique retail space, this unit offers the flexibility and exposure needed to thrive in one of Ottawa’s most affluent suburban demographics. ________________________________________ FOR SUBLEASE | ASSIGNMENT 1029 Teron Road, Ottawa, ON – Available Space: 835 Square Feet Current Use: Fully-Equipped Bakery Lease Expiry: September 30, 2027 Financials: Contact Listing Team for Rent & Op Costs | Utilities paid direct by Tenant ________________________________________ The Opportunity: "Turnkey or Fresh Start" Located in the bustling Teron Plaza (anchored by Circle K), this 835 SF unit is perfectly sized for an owner-operator. The current tenant is a bakery; for a qualified entrepreneur, the tenant is open to a corporate sale of business assets, allowing you to step into a fully-outfitted bakery kitchen and retail front immediately. Key Highlights • Maximum Exposure: High-visibility exterior signage opportunities facing Teron Road, capturing traffic from both the Beaverbrook residential core and the Kanata North business community. • Convenience & Access: Ample on-site surface parking for customers and staff. Minutes from Highway 417 and March Road. • Flexible Terms: The current tenant is seeking a lease assignment or sublease, but a direct long-term lease with the landlord may possibility. ________________________________________ Target Market & Demographics Kanata North is synonymous with high-income professionals and established families. This location services a unique hybrid of daily commuters and local residents: • Average Household Income: ~$167,000 (well above the city average). • Primary Catchment: Over 60,000 residents in the immediate Kanata North area. • Professional Hub: Situated at the entrance to Canada’s largest technology park (Nokia, Mitel, Ciena), providing a steady stream of lunch and after-work foot traffic. ________________________________________ Recommended Retail Uses Based on the existing infrastructure (bakery/food prep) and the surrounding neighborhood needs, the following uses are highly likely to succeed: 1. Specialty Food & Beverage: Gourmet bakery, artisan coffee house, dessert bar, or juice/smoothie shop. 2. Boutique Retail: Flower shop, upscale pet supplies, or a specialized gift/hobby store catering to the local families. 3. Health & Beauty: Boutique hair salon, barbershop, or aesthetician services. 4. Specialized Professional Services: Real estate satellite office, accounting/tax firm, or a travel agency. 5. Fitness & Wellness: Yoga studio, boutique Pilates, or personalized physical therapy.
- Bus Line
- Signage
Nearby Major Retailers
Presented by
1023-1031 Teron Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.