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42 Lorne St 1,250 - 2,500 SF of Retail Space Available in Grand Sudbury, ON P3C 4N8
HIGHLIGHTS
- Ample parking
- Retail amenities nearby
- Heavy commercialized area
- Heavy daytime foot traffic area
- High exposure location
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 1,250 SF | 5-10 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $25,000 CAD/YR $2,083 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,250 SF | 5-10 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $25,000 CAD/YR $2,083 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 2
Great storefront retail units with direct exposure to Lorne St. in the same plaza as the Beer Store. Newer plaza, located just south of Elm St with ample parking on site. Located within a community of residential, retail, & institutional. Close to retailers such as Your Independent Grocer, Sherwin-Williams Paints, House of Broadloom, Kelly Building Supplies, Evans Home Building Centre, Shoppers Drug Mart, etc. Next to Clarion Hotel, Courthouse & Ministry of Solicitor General and a short walk to Laurentian University. Units 1 & 2 are currently one space totaling 2,585 sf. Unit 3 is 1,257.5 SF & has a connecting internal door for a total of 3,842.5 sf or can be leased separately.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Bright, well-maintained unit
- Direct exposure to Lorne St
1st Floor, Ste 3
Great storefront retail units with direct exposure to Lorne St. in the same plaza as the Beer Store. Newer plaza, located just south of Elm St with ample parking on site. Located within a community of residential, retail, & institutional. Close to retailers such as Your Independent Grocer, Sherwin-Williams Paints, House of Broadloom, Kelly Building Supplies, Evans Home Building Centre, Shoppers Drug Mart, etc. Next to Clarion Hotel, Courthouse & Ministry of Solicitor General and a short walk to Laurentian University. Units 1 & 2 are currently one space totaling 2,585 sf. Unit 3 is 1,257.5 SF & has a connecting internal door for a total of 3,842.5 sf or can be leased separately.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 2,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Bright, well-maintained unit
- Direct exposure to Lorne St
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 11,699 SF |
| Property Type | Retail | Year Built | 2014 |
| Property Subtype | Storefront |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,699 SF |
| Year Built | 2014 |
ABOUT THE PROPERTY
Commercial retail property located in Sudbury, Ontario.
NEARBY MAJOR RETAILERS
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42 Lorne St
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