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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 800 SF | 9’ | 2-5 Years | $50.93 CAD/SF/YR $4.24 CAD/SF/MO $40,740 CAD/YR $3,395 CAD/MO | Triple Net (NNN) |
1st Floor
Step into an unparalleled opportunity to establish your business in a fully renovated building that rarely has availability. With a modernized exterior that is almost complete, upgraded interiors, and enhanced facilities, this space offers everything you need to grow your business in style and comfort. Secure premium space without breaking the bank. Join a roster of long-term businesses that draw consistent foot traffic and enhance your exposure. Situated in a highly visible area ideal for retail or boutique businesses. Don’t miss your chance to secure this coveted spot! Schedule a tour today to envision your business in this remarkable space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- 2 Private Offices
- 1 Conference Room
- 15 Workstations
- Finished Ceilings: 9’
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Recessed Lighting
- Emergency Lighting
- Plug & Play
- Natural Light
- Open-Plan
- Hardwood Floors
- Display Window
- Smoke Detector
- Wheelchair Accessible
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 | 800 SF | Gross Leasable Area | 5,993 SF |
| Property Type | Retail | Year Built/Renovated | 1954/2024 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,993 SF |
| Year Built/Renovated | 1954/2024 |
About the Property
This iconic, fully renovated commercial building offers a rare blend of timeless appeal and modern functionality. The building is home to a distinguished roster of established tenants with long-term leases, ensuring a vibrant and stable commercial environment. Key building features include comprehensive updates that have modernized the building while preserving its architectural charm, including energy-efficient systems, stylish common areas; a well-curated selection of reputable businesses that attracts consistent traffic and synergy; Located in a high-visibility, high-traffic area in Normandy Isle that draws both locals and visitors. Opportunities to lease in this building are extremely limited, making it a coveted destination for businesses seeking a competitive edge.With its rich history, contemporary upgrades, and unparalleled reputation, this property is the ideal home for thriving businesses. Don’t miss the chance to become part of this highly sought-after commercial destination.
- 24 Hour Access
- Property Manager on Site
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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1197 71st St
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