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499 Cornwall Rd 3,465 SF of Retail Space Available in Oakville, ON L6J 7S8
SUBLEASE HIGHLIGHTS
- Ample parking
- Retail amenities nearby
- Heavy commercialized area
- Access to public transit and highway
- High exposure location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,465 SF | Sep 2026 | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Corner of Chartwell Road and Cornwell Road. Solid retail node close to a high density residential area.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Natural light exposure
- Former retail bank space
- Suited for retail/professional service uses
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 | 3,465 SF | Total Land Area | 1.52 AC |
| Property Type | Retail | Year Built | 2013 |
| Gross Leasable Area | 6,829 SF | Parking Ratio | 9.23/1,000 SF |
| Total Space Available | 3,465 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,829 SF |
| Total Land Area | 1.52 AC |
| Year Built | 2013 |
| Parking Ratio | 9.23/1,000 SF |
ABOUT THE PROPERTY
Retail unit located in "The Shops of Oakville South", anchored by Longo's. Unit was formerly occupied by a bank. Easily accessible from QEW and 403 highways. Affluent south Oakville community Please describe the type of business proposed to facilitate response times. The following uses are NOT permitted: Daycare, all quick service take out food, cannabis / vape shop, dentist, esthetics/nail/hair salons, optical and others.
- Banking
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
499 Cornwall Rd
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