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Torbay Road Mall 145 Torbay Rd 1,842 SF of Retail Space Available in St. John's, NL A1A 2G9
SUBLEASE HIGHLIGHTS
- Heavy daytime traffic
- Open floor plan
- Easily accessible
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,842 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Exciting opportunity to lease a retail space at Torbay Mall! Located in a high-traffic area, this bright and inviting unit is perfect for a variety of businesses. With ample parking, excellent visibility, and a welcoming atmosphere, this space offers the perfect setting to grow your brand and attract new customers. Don’t miss out on the chance to be part of the vibrant Torbay Mall community – your next big business opportunity awaits!
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Wheelchair Accessible
- Heavy daytime traffic
- Air conditioning
- Central heating
- Close proximity to amenities
- Steps from public transport
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 TORBAY ROAD MALL
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Dollarama
- Retailer
- -
- -
- Global Pet Food
- Retailer
- -
- -
- Goodlife Fitness
- Services
- -
- -
- H&R Block
- Administrative and Support Services
- -
- -
- Newfoundland Chocolate Company
- Retailer
- -
- -
- Shoppers Drug Mart
- Retailer
- -
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Dollarama | Retailer | - | - |
| Global Pet Food | Retailer | - | - |
| Goodlife Fitness | Services | - | - |
| H&R Block | Administrative and Support Services | - | - |
| Newfoundland Chocolate Company | Retailer | - | - |
| Shoppers Drug Mart | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 1,842 SF | Gross Leasable Area | 122,000 SF |
| Property Type | Retail | Year Built | 2000 |
| Total Space Available | 1,842 SF |
| Property Type | Retail |
| Gross Leasable Area | 122,000 SF |
| Year Built | 2000 |
ABOUT THE PROPERTY
Located at the intersection of Torbay Road and MacDonald Drive, one of the busiest intersections in the province, the centre is positioned at the centre of Newfoundland’s critical retail mass. Torbay Mall was recently re-developed to include a free standing Shoppers Drug Mart, the newest Goodlife Fitness and Home Hardware in Atlantic Canada along with Newfoundland Chocolate Company’s head office, main production facility and flagship café occupying over 15,000 square feet. The centre enjoys an excellent mix of service, professional and retail tenants.
NEARBY MAJOR RETAILERS
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Torbay Road Mall | 145 Torbay Rd
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