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22542 Adelaide Rd 1,800 SF of Retail Space Available in Mount Brydges, ON N0L 1W0
HIGHLIGHTS
- High exposure location
- Heavy commercialized area
- Retail amenities nearby
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5 | 1,800 SF | 1-10 Years | $12.50 CAD/SF/YR $1.04 CAD/SF/MO $22,500 CAD/YR $1,875 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5
Modern Retail & Office Opportunity Located At The Main Intersection Of Adelaide St. & Glendon Dr. In Mount Brydges. Upgraded In 2016, To The Site Include New Facade, Repaved Parking Lot And Landscaping. The Plaza Is Surrounded By Residential Use And Located Withing Walking Distance To Caradoc Public School As Well As Other Mixed Commercial Use Developments. Easy Access To Hwy 402 Via Glendon Drive (3 Km)And Neighboring Municipality Of Strathroy Via Adelaide St. (12 Km). Co-Tenant's Include Tim Horton's, Andy's Pizza And Cds Pharmacy. 2 Units Available (1,000 Sf + 1,800 Sf) Combine To Make 2,800 Sf Contiguous. Additional Rent Is $9.50 Psf.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Anchor Tenant
- Major Highway Access
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 22542 ADELAIDE RD, MOUNT BRYDGES, ON N0L 1W0
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Tim Hortons
- Coffee
- 5,768
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Tim Hortons | Coffee | 5,768 | International |
PROPERTY FACTS
| Total Space Available | 1,800 SF | Year Built/Renovated | 1970/2016 |
| Property Type | Retail | Parking Ratio | 5.02/1,000 SF |
| Gross Leasable Area | 9,952 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,952 SF |
| Year Built/Renovated | 1970/2016 |
| Parking Ratio | 5.02/1,000 SF |
ABOUT THE PROPERTY
Commercial retail property located in Strathroy-Caradoc, Ontario.
Presented by
22542 Adelaide Rd
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