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Highlights
- Located just north of Princess Avenue on the Midland Avenue by-pass from Gardiners Road to Cataraqui Mall.
- Shadow anchors include Walmart, Beer Store and LCBO.
- Traffic Count (AADT): 12,403 vehicles.
- C2 zoning permits food, financial, retail, health & beauty, opitcal, medical and office uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,273 SF | 3-10 Years | $30.00 CAD/SF/YR $2.50 CAD/SF/MO $338,190 CAD/YR $28,183 CAD/MO | Triple Net (NNN) |
1093-1117 Midland Ave - 1st Floor
Rent will escalate by 3% per year. C2 zoning permits food, financial, retail, health & beauty, medical, office uses, and more!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Display Window
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 | 11,273 SF | Center Properties | 5 |
| Center Type | Neighborhood Center | Gross Leasable Area | 52,074 SF |
| Parking | 224 Spaces | Total Land Area | 6.24 AC |
| Stores | 1 | Year Built | 2022 |
| Total Space Available | 11,273 SF |
| Center Type | Neighborhood Center |
| Parking | 224 Spaces |
| Stores | 1 |
| Center Properties | 5 |
| Gross Leasable Area | 52,074 SF |
| Total Land Area | 6.24 AC |
| Year Built | 2022 |
About the Property
36,412 sf plaza on a 1.5-hectare site at a 4-way lighted intersection on the west side of Midland Avenue just north of Princess Avenue between Gardiners Road and Cataraqui Mall. Existing retailers include Party City, Halibut House, One Plant Cannabis, Luce Hair Studio, Burger King, Score pizza, Mr. Lube, BarBurrito, Stacked Pancake & Breakfast House, PetValu and Wing ‘n It with Noodlebox opening Q1/2024.
- Property Manager on Site
- Air Conditioning
Nearby Major Retailers
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Midland Gate | 1093 Midland Av
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