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348 Queen St W 931 SF of Retail Space Available in Toronto, ON M5V 2A2
HIGHLIGHTS
- Ranked one of the top retail strips in Canada
- Character facade
- Outstanding customer exposure
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste main floor | 931 SF | 3-5 Years | $67.00 CAD/SF/YR $5.58 CAD/SF/MO $62,377 CAD/YR $5,198 CAD/MO | Triple Net (NNN) |
1st Floor, Ste main floor
Location, Location; Located On The Superior North (Sunny) Side Of The Street, Just East Of Spadina. Join many of the top international retailers and The New Flagship Mountain Equipment Co-Op Store, On One Of Canada's Top Retail Strips. Triple Wide Sidewalks Provide Exceptional Pedestrian Traffic And Connectivity. Rent is $90 psf Character Building With High Ceilings; Great Exposure To Pedestrian Traffic With Nearly 20 Feet Of Boulevard Sidewalk. Rated One Of The Top Commercial Strips In Canada. Get In Now And Capture The Spring/Summer Market. 12' To 14' Ceilings; 1 Car Parking In The Rear; Available June 1st. No Spas, Hair Salons, Food Uses, Pot Shops, Or Dance/Fitness Studios. Appointments Call LB, Lock Box. Landlord Has Own Offer To Lease/Lease. High and dry 600 square foot basement; great for storage and/or other uses.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Secure Storage
- Hardwood Floors
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 | 931 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1888 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.33/1,000 SF |
| Total Space Available | 931 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1888 |
| Parking Ratio | 0.33/1,000 SF |
ABOUT THE PROPERTY
Location, Location; Located On The Superior North (Sunny) Side Of The Street, Just East Of Spadina. Join Zara, Aritzia, Ryu, Arc'teryx, Club Monaco, Bell, Starbucks, Casper, Adidas, On One Of Canada's Top Retail Strips. Triple Wide Sidewalks Provide Exceptional Pedestrian Traffic And Connectivity. Character Building With High Ceilings; Great Exposure To Pedestrian Traffic With Nearly 20 Feet Of Boulevard Sidewalk. Rated One Of The Top Retail Strips In Canada. Get In Now And Capture The fall/Christmas Market. 12' To 14' Ceilings; 1 Car Parking In The Rear; Available immediately. No Spas, Hair Salons, Food Uses, Cannabis Shops, Or Dance/Fitness Studios. LOCK box. Landlord Has Own Offer To Lease/Lease.
- Bus Line
- Commuter Rail
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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348 Queen St W
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