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1486 Merivale Rd 5,000 SF of Retail Space Available in Ottawa, ON K2E 6Z5
Highlights
- Fully renovated supermarket space with brand-new equipment, fixtures, and infrastructure
- Professionally designed interiors optimized for modern grocery operations
- Located in a high-visibility area with ample on-site parking for customers
- Cost-effective expansion opportunity for established operators or new entrants to the grocery market
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Negotiable | $36.00 CAD/SF/YR $3.00 CAD/SF/MO $180,000 CAD/YR $15,000 CAD/MO | Modified Gross |
1st Floor
Prime 5,000 SF Turn-Key Supermarket Opportunity an exceptional opportunity to lease a fully renovated, professionally designed supermarket space in a high-visibility location with ample on-site parking.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
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 1486 Merivale Rd, Ottawa, ON K2E 6Z5
- Tenant
- Description
- CAN Locations
- Reach
- HiFresh Foods
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| HiFresh Foods | - | 1 | - |
Property Facts
| Total Space Available | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Supermarket | Parking Ratio | 4.2/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1978 |
| Parking Ratio | 4.2/1,000 SF |
About the Property
This approximately 5,000 square foot commercial unit has been completely upgraded with brand-new renovations, equipment, fixtures, and operational infrastructure , all professionally installed and ready for immediate use.This is a rare turn-key supermarket opportunity where the tenant can simply bring their own brand, concept, and inventory to begin operations. The space includes all existing supermarket equipment and fixtures, allowing a new operator to avoid millions of dollars in upfront construction, equipment, and setup costs typically required to build a modern grocery store from scratch.Whether you are an established operator expanding your business or an entrepreneur entering the grocery market, this location offers an efficient and cost-effective path to launching a fully operational supermarket with minimal startup delay.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
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1486 Merivale Rd
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