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1505 Guelph Line 2,565 SF of Retail Space Available in Burlington, ON L7P 3B6
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12-13 | 2,565 SF | Nov 2028 | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $56,430 CAD/YR $4,703 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 12-13
Busy neighborhood shopping centre at signalized intersection of Guelph Line and Upper Middle Road. Great access, exposure and parking. Close proximity to HWY 407 and QEW. High-traffic area in rapidly growing community with over 40,000 vehicles per day. Ideal for retail / commercial / institutional / medical uses. Clean, well built-out private office space. Other occupants include Food Basics, McDonald’s, TD Canada Trust, Gator Ted’s Tap & Grill, Once Upon A Child, Plato’s Closet, Mr. Sub, Pizza Hut and others. Pylon signage available. Zoning allows for a wide variety of uses. Suitable for many Retail, Service, Showrooms and Office. Tenant pays separately metered utilities. Sublease until November 11th, 2028. Estimated TMI is $13.39 psf.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- High traffic area.
- Nearby established retail tenants.
- Great exposure.
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 1505 Guelph Line, Burlington, ON L7P 3B6
- Tenant
- Description
- CAN Locations
- Reach
- Convenience A
- Retailer
- 1
- -
- Food Basics
- Discount Grocer
- 181
- Regional
- Gator Ted's Tap & Grill
- Restaurant
- 1
- -
- Good Health Mart
- Drug Store
- 8
- National
- Hasty Market
- Convenience Market
- 145
- Regional
- McDonald's
- Fast-food
- 1,556
- International
| Tenant | Description | CAN Locations | Reach |
| Convenience A | Retailer | 1 | - |
| Food Basics | Discount Grocer | 181 | Regional |
| Gator Ted's Tap & Grill | Restaurant | 1 | - |
| Good Health Mart | Drug Store | 8 | National |
| Hasty Market | Convenience Market | 145 | Regional |
| McDonald's | Fast-food | 1,556 | International |
Property Facts
| Total Space Available | 2,565 SF | Total Land Area | 10.99 AC |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Storefront | Parking Ratio | 1.61/1,000 SF |
| Gross Leasable Area | 68,000 SF |
| Total Space Available | 2,565 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 68,000 SF |
| Total Land Area | 10.99 AC |
| Year Built | 1996 |
| Parking Ratio | 1.61/1,000 SF |
Features and Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
1505 Guelph Line
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