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Spectrum Square 5027 Spectrum Way 1,065 - 13,543 SF of Retail Space Available in Mississauga, ON L4W 5A1
HIGHLIGHTS
- Approximately 140,000 people residing within 5 km.
- Proximity to major highways including the 401, 403, 407, 409 and QEW.
- Surrounded by approximately 7,760 hotel rooms within the 10 minute drive.
- Mississauga Bus Rapid Transit (BRT) system will connect Spectrum Square to Kipling Subway and run along Eglinton from Renforth to Winston Churchill.
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A5 | 1,065 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B3 | 2,429 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste C1 | 2,271 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste D2 | 5,739 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste D4 | 2,039 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5019 Spectrum Way - 1st Floor - Ste A5
Commercial retail space for lease located in Toronto, Ontario.
- 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
- Central Air Conditioning
5023 Spectrum Way - 1st Floor - Ste B3
Commercial retail space for lease located in Toronto, Ontario.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Natural light exposure
- High exposure location
5027 Spectrum Way - 1st Floor - Ste C1
Commercial retail space for lease located in Toronto, Ontario.
- Lease rate does not include utilities, property expenses or building services
5030 Satellite Dr - 1st Floor - Ste D2
Commercial retail space for lease located in Toronto, Ontario.
- 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
- Central Air Conditioning
- Natural light exposure
- High exposure location
5030 Satellite Dr - 1st Floor - Ste D4
Commercial retail space for lease located in Toronto, Ontario.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 SPECTRUM SQUARE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Pizzaland Halal
- Restaurant
- 1
- Local
- Southeast Mango
- Restaurant
- -
- Local
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Pizzaland Halal | Restaurant | 1 | Local |
| Southeast Mango | Restaurant | - | Local |
PROPERTY FACTS
| Total Space Available | 13,543 SF | Gross Leasable Area | 116,407 SF |
| Center Type | Neighborhood Center | Total Land Area | 127.03 AC |
| Stores | 6 | Year Built | 2014 |
| Center Properties | 6 |
| Total Space Available | 13,543 SF |
| Center Type | Neighborhood Center |
| Stores | 6 |
| Center Properties | 6 |
| Gross Leasable Area | 116,407 SF |
| Total Land Area | 127.03 AC |
| Year Built | 2014 |
ABOUT THE PROPERTY
Spectrum SQ is an impressive mixed use restaurant, retail and office campus located in Mississauga near Pearson International Airport. Boasting over 60,000 SF of trendy restaurant, retail and service retail offerings, the project attracts daytime employment traffic as well as local residential visitors and hotel patrons. The site is being developed in multiple phases planned to eventually total up to seven office buildings or 1.3 million square feet and house upwards of 6,000 employees. The project offers inviting places to gather both indoors and outdoors centred around a collaborative central square with ample parking and immediate access to public transit.
NEARBY MAJOR RETAILERS
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Spectrum Square | 5027 Spectrum Way
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