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721 Centre St 800 - 4,600 SF of Retail Space Available in Espanola, ON P5E 1H7
Highlights
- Located along Centre Street (Highway 6), Espanola’s primary commercial corridor.
- Dual-frontage corner exposure enhances visibility from multiple directions.
- Directly across from Espanola Mall and near major national retailers.
- Prominent pylon signage supports business branding and wayfinding.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 2,467 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B | 1,333 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste C | 800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste A
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
1st Floor, Ste C
- Lease rate does not include utilities, property expenses or building services
- Partially 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.
Property Facts
| Total Space Available | 4,600 SF | Gross Leasable Area | 5,610 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront |
| Total Space Available | 4,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,610 SF |
| Year Built | 1998 |
About the Property
721 Centre Street offers a retail leasing opportunity within Espanola’s primary commercial corridor along Centre Street (Highway 6), the main route connecting the Trans-Canada Highway and Manitoulin Island. The property is positioned within a well-established retail node between Petro-Canada and McDonald's, directly across from Espanola Mall and near Canadian Tire, Your Independent Grocer, and other national retailers that contribute to consistent consumer traffic. The available retail space benefits from prominent frontage, extensive storefront glazing, dual-frontage corner exposure, on-site parking, and pylon signage visibility along one of Espanola’s most traveled commercial routes. High ceilings and an open layout support a variety of retail, service, medical, showroom, and professional office uses. The combination of regional highway exposure and proximity to established retailers provides businesses with convenient customer access and strong visibility within the local market.
Nearby Major Retailers
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721 Centre St
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