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388 Bloor St W 2,000 SF of Retail Space Available in Toronto, ON M5S 1X4
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 390 | 2,000 SF | 1-10 Years | $51.00 CAD/SF/YR $4.25 CAD/SF/MO $102,000 CAD/YR $8,500 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 390
Bloor West - Prime Retail Location With Large Pedestrian And Vehicle Traffic Throughout The Day And Year. Several Permitted Uses Including Restaurant/ Bar/ Retail Store Front... Current Space Allows For Great Exposure/ Signage Along Bloor. Main Floor And Lower Level Have Great Ceiling Clearance, Aprox. 2,200 Sq/Ft Ground Retail Space + Additional 2,000 Sq/Ft Basement Space. The unit requires renovations, and the photos do not represent its current condition. The landlord is offering free rent to assist with restoration efforts.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Central Air Conditioning
- Great exposure
- High traffic area
- Close to public transit
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 | 2,000 SF | Gross Leasable Area | 4,290 SF |
| Property Type | Retail | Year Built | 1923 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,290 SF |
| Year Built | 1923 |
FEATURES AND AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Presented by
Keller Williams Realty Associates – Larose Team
388 Bloor St W
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