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468-480 Danforth Rd 2,993 - 19,559 SF of Retail Space Available in Toronto, ON M1K 1C6
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 468 | 16,566 SF | 3-5 Years | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $248,490 CAD/YR $20,708 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 472 | 2,993 SF | 3-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $53,874 CAD/YR $4,490 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 468
Located at the busy intersection of Birchmount Road and Danforth Road, this large retail space offers over 16,566 sq. ft. with an additional 5,049 sq. ft. of basement space. Join successful co-tenants Pizza Pizza and Mamas Burger Boys. This area boasts a strong retail presence with neighboring businesses including Subway, Dollarama, Panda Wok, Pizza Hut, CIBC, Freedom Mobile, Iqbal Foods Supermarket, and Pharmasave. With a population of over 132,000 within 3km and 308,000 within 5km, you'll have a substantial customer base right at your doorstep. Lease will contain a demolition clause.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1st Floor, Ste 472
Prime retail opportunity at the intersection of Birchmount Road and Danforth Road. Join successful co-tenants Pizza Pizza and Mamas Burger Boys. This area boasts a strong retail presence with neighboring businesses including Subway, Dollarama, Panda Wok, Pizza Hut, CIBC, Freedom Mobile, Iqbal Foods Supermarket, and Pharmasave. Benefit from a large customer base with a population of over 132,000 within 3km and over 308,000 within 5km. Lease will contain a demolition clause.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 468-480 DANFORTH RD, TORONTO, ON M1K 1C6
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Mama's Boys Burgers
- Restaurant
- 1
- -
- Pizza Pizza
- Pizza
- 607
- National
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Mama's Boys Burgers | Restaurant | 1 | - |
| Pizza Pizza | Pizza | 607 | National |
PROPERTY FACTS
| Total Space Available | 19,559 SF | Gross Leasable Area | 21,363 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Storefront | Parking Ratio | 3.74/1,000 SF |
| Total Space Available | 19,559 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 21,363 SF |
| Year Built | 1971 |
| Parking Ratio | 3.74/1,000 SF |
FEATURES AND AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
468-480 Danforth Rd
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