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395 Wellington Rd 1,664 SF of 4-Star Retail Space Available in London, ON N6C 5Z6
Sublease Highlights
- Located along Wellington Road, a major commercial corridor in London
- Across from Victoria Hospital and surrounding healthcare services.
- Positioned within an established multi-tenant retail plaza.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 1,664 SF | Jun 2029 | $22.00 CAD/SF/YR $1.83 CAD/SF/MO $36,608 CAD/YR $3,051 CAD/MO | Plus All Utilities |
1st Floor, Ste 3
Opportunity within an established commercial plaza along one of London's primary north-south commercial corridors. The property benefits from direct exposure to Wellington Road, a major arterial route connecting surrounding residential neighborhoods, retail destinations, healthcare facilities, and downtown London. The location is situated across from Victoria Hospital and within a commercial node that includes nationally recognized retailers and restaurants, creating consistent customer activity throughout the day.
- Sublease space available from current tenant
- Listed lease rate plus proportional share of utilities
- Central Air Conditioning
- Freezer Space
- Drop Ceilings
- Emergency Lighting
- After Hours HVAC Available
- Energy Performance Rating - C
- Hardwood Floors
- Display Window
- Smoke Detector
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 395 Wellington Rd, London, ON N6C 5Z6
- Tenant
- Description
- CAN Locations
- Reach
- Cora
- Restaurant
- 181
- National
- Dollarama
- Dollar/Variety/Thrift
- 1,698
- National
- First Choice Hair
- Salon/Barber/Spa
- 447
- International
- Northward Tax
- Professional, Scientific, and Technical Services
- 1
- -
- Pür & Simple
- Restaurant
- 79
- International
- Sessions Cannabis South
- Tobacco
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Cora | Restaurant | 181 | National |
| Dollarama | Dollar/Variety/Thrift | 1,698 | National |
| First Choice Hair | Salon/Barber/Spa | 447 | International |
| Northward Tax | Professional, Scientific, and Technical Services | 1 | - |
| Pür & Simple | Restaurant | 79 | International |
| Sessions Cannabis South | Tobacco | 1 | - |
Property Facts
| Total Space Available | 1,664 SF | Gross Leasable Area | 55,699 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Supermarket |
| Total Space Available | 1,664 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 55,699 SF |
| Year Built | 1980 |
About the Property
The property is well suited for restaurant, food service, retail, or other permitted commercial uses seeking an established commercial setting with existing consumer traffic. Its position within a multi-tenant plaza provides exposure alongside established businesses while benefiting from the area's active commercial environment and proximity to one of London's largest healthcare campuses.
Nearby Major Retailers
Presented by
Caffeine Plus Inc.
395 Wellington Rd
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