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7771-7775 Yonge St 5,513 SF of Retail Space Available in Markham, ON L4J 1W3
Highlights
- Close proximity to national tenants: Starbucks, CIBC, Shoppers Drug Mart, Tim Hortons.
- Prime commercial retail building in Thornhill with impressive frontage directly on Yonge Street.
- High visibility location with significant traffic and excellent exposure in an affluent area.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7775 | 5,513 SF | Negotiable | $36.00 CAD/SF/YR $3.00 CAD/SF/MO $198,468 CAD/YR $16,539 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 7775
Prime commercial retail space in Thornhill with impressive frontage directly on Yonge Street.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Divisible Space
- Prominent retail frontage
- High Visibility
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 7771-7775 Yonge St, Markham, ON L4J 1W3
- Tenant
- Description
- CAN Locations
- Reach
- Gates of Zion
- -
- 1
- -
- Phuket Paradise
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Gates of Zion | - | 1 | - |
| Phuket Paradise | - | 1 | - |
Property Facts
| Total Space Available | 5,513 SF | Gross Leasable Area | 7,257 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront | Parking Ratio | 6.06/1,000 SF |
| Total Space Available | 5,513 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,257 SF |
| Year Built | 1980 |
| Parking Ratio | 6.06/1,000 SF |
About the Property
The property boasts impressive frontage directly along Yonge Street, delivering strong visibility in a high-traffic corridor within an affluent and established retail node. The site operates under multiple tenancy and is classified as a Class C retail building, providing a versatile layout suitable for a variety of commercial users. Ample surface parking with 44 spaces enhances customer accessibility, while the location benefits from strong walkability and access to public transit. Its proximity to major national retailers, including Starbucks, CIBC, Shoppers Drug Mart, and Tim Hortons, further reinforces the property’s position within a vibrant commercial destination.
- Bus Line
Nearby Major Retailers
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7771-7775 Yonge St
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