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4142 Sheppard Ave E 3,200 SF of Retail Space Available in Toronto, ON M1S 1T3
Sublease Highlights
- High-visibility frontage along Sheppard Avenue East provides significant exposure to passing traffic.
- Signage opportunities enhance brand presence along a major Toronto arterial roadway.
- Proximity to Agincourt GO Station offers convenient transit accessibility for employees and visitors.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 3,200 SF | Apr 2030 | $33.75 CAD/SF/YR $2.81 CAD/SF/MO $108,000 CAD/YR $9,000 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A
High-visibility commercial space available for sublease in a busy, traffic-intensive location. Currently operated as a used car dealership with 30 dedicated parking spaces. Approximately 1,600 sq. ft. on the main level plus an additional 1,600 sq. ft. of high-ceiling lower-level space. Suitable for automotive use and a variety of permitted uses including medical, professional office, and studio space. Excellent signage exposure. Lease term to April 30, 2030 with one five-year renewal option. Prime opportunity in a well-established commercial corridor.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Central Air Conditioning
- Excellent signage.
- 30 dedicated parking spaces.
- High visibility.
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 4142 Sheppard Ave E, Toronto, ON M1S 1T3
- Tenant
- Description
- CAN Locations
- Reach
- Thrifty Car Rental
- Auto Rental
- 123
- International
| Tenant | Description | CAN Locations | Reach |
| Thrifty Car Rental | Auto Rental | 123 | International |
Property Facts
| Total Space Available | 3,200 SF | Gross Leasable Area | 4,968 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.74/1,000 SF |
| Total Space Available | 3,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,968 SF |
| Year Built | 1970 |
| Parking Ratio | 2.74/1,000 SF |
About the Property
Positioned along Sheppard Avenue East in Toronto's Agincourt South-Malvern West neighbourhood, this commercial sublease opportunity offers prominent visibility within an established commercial corridor. The property benefits from direct exposure to a heavily traveled arterial route and is located near Agincourt GO Station, providing convenient access for employees, customers, and visitors throughout the Greater Toronto Area. The available premises are currently configured for automotive operations and feature a combination of main-level and lower-level improvements that support a range of commercial uses. Existing zoning flexibility and the current layout create potential for automotive, medical, professional office, educational, studio, and service-oriented occupiers seeking a highly visible location. Dedicated on-site parking, strong street presence, and signage opportunities contribute to the property's functionality and customer accessibility. Surrounding commercial activity, established residential neighbourhoods, and proximity to Highway 401 enhance connectivity across Toronto and the broader region. Businesses seeking customer-facing exposure, operational flexibility, and access to public transportation will benefit from the property's location within one of Scarborough's established commercial corridors.
- Air Conditioning
Nearby Major Retailers
Contact
-
KYLE SHEN - SMART SOLD REALTY
Presented by
SMART SOLD REALTY
4142 Sheppard Ave E
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