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1050 Finch Av W 1,202 SF of Retail Space Available in Toronto, ON M3J 2E2
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1046 | 1,202 SF | Negotiable | $45.00 CAD/SF/YR $3.75 CAD/SF/MO $54,090 CAD/YR $4,508 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1046
Exceptional retail space located at the busy intersection of Finch Avenue and Alness Street, in the heart of the DUKE Heights Business Improvement Area. Formerly a restaurant, this unit is ideally suited for a quick-service restaurant or a variety of other retail and service uses. The plaza features strong national co-tenancy, including Tim Hortons with a drive-thru, and offers ample free on-site parking for customers and staff. Prominent signage opportunities provide excellent visibility to both vehicular and pedestrian traffic. The unit offers 1,202 square feet of well-lit space with both front and rear entrances, as well as two bathrooms. Hood and other restaurant equipment currently in place and can be made available to a new tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
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 1050 FINCH AV W, TORONTO, ON M3J 2E2
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- 420 Place Cannabis
- -
- 1
- -
- Body Perfection
- -
- 1
- -
- Don Franchesko Sandwiches
- Restaurant
- 1
- -
- Euro Shawarma
- -
- 1
- -
- Shelborne CAPITAL
- Real Estate
- 6
- Local
- Tasty Bite Sandwiches
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| 420 Place Cannabis | - | 1 | - |
| Body Perfection | - | 1 | - |
| Don Franchesko Sandwiches | Restaurant | 1 | - |
| Euro Shawarma | - | 1 | - |
| Shelborne CAPITAL | Real Estate | 6 | Local |
| Tasty Bite Sandwiches | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,202 SF | Gross Leasable Area | 12,018 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.33/1,000 SF |
| Total Space Available | 1,202 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,018 SF |
| Year Built | 1980 |
| Parking Ratio | 5.33/1,000 SF |
FEATURES AND AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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1050 Finch Av W
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