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HIGHLIGHTS
- Open Plan, refrigeration and walk in cooler, Drive Thru, corner lot with 2 entrance/exits for access to the parking, located at a traffic light
- There is an overhead loading door at the rear back corner of the building.
- Some Natural light, Handicap accessible, High traffic count,
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 11,084 SF | 16’ | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $201,141 CAD/YR $16,762 CAD/MO | Triple Net (NNN) |
1st Floor
Rite Aid recently vacated. They left behind all fixtures that can be removed. There is a drive thru located at the rear of the building. There are 2 entrance/exits, one directly on N Colony Rd aka Route 5 at a traffic light and the second on Cedar Lane which also is at the same traffic light. This building is highly visible and located diagonally across from from McDonald's restaurant. There is 67 car parking. There are 16' ceilings. There is also a walk in cooler box to fill a row of refrigeration. The electricity is currently turned off. Tenant is responsible for all costs, utilities and property maintenance.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air and Heating
- Corner Space
- High Ceilings
- Drop Ceilings
- Finished Ceilings: 16’
- Drive Thru
- High traffic location with a drive thru 11,084 SF
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 | 11,084 SF | Gross Leasable Area | 11,084 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 6.04/1,000 SF |
| Total Space Available | 11,084 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,084 SF |
| Year Built | 1998 |
| Parking Ratio | 6.04/1,000 SF |
ABOUT THE PROPERTY
Former Rite Aid left behind all fixtures which can be removed. There is a drive thru located at the rear of the building. There are 2 entrance/exits, one directly on N Colony Rd aka Route 5 at a traffic light and the second on Cedar Lane which also is at the same traffic light. This building is highly visible and located diagonally across from from McDonald's restaurant. There is 67 car parking. There are 16' ceilings. There is also a walk in cooler box to fill a row of refrigeration. The electricity is currently turned off. There is 1 overhead loading door at the side rear of the building. Tenant is responsible for all costs, utilities and property maintenance.
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
605 N Colony Rd
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