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Highlights

  • Heavy daytime vehicular traffic
  • Busy plaza

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 20-23
  • 5,700 SF
  • 3-5 Years
  • $36.00 CAD/SF/YR $3.00 CAD/SF/MO $205,200 CAD/YR $17,100 CAD/MO
  • Triple Net (NNN)
9325 Yonge St - 1st Floor - Ste 20-23
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Excellent Location At The Heart Of Richmond Hill, Right On The Corner of Yonge & 16th Ave. This Large Size Retail Unit Are Good For Any Suitable Retail Business Or Financial Services, Lot Of Free Parking Spaces. Anchored With No Frills Supermarket And Two Banks, Other Tenant Includes Kids Playground, Dollarama, Welcome Centre Immigration Services And McDonald. **** EXTRAS **** This Is The Former Royal Bank Branch Which Is Extremally Suitable For Financial Services Use, Other Use Welcome. Two Safety Vaults Installed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 20-23 5,700 SF 3-5 Years $36.00 CAD/SF/YR $3.00 CAD/SF/MO $205,200 CAD/YR $17,100 CAD/MO Triple Net (NNN)

9325 Yonge St - 1st Floor - Ste 20-23

Size
5,700 SF
Term
3-5 Years
Rental Rate
$36.00 CAD/SF/YR $3.00 CAD/SF/MO $205,200 CAD/YR $17,100 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Excellent Location At The Heart Of Richmond Hill, Right On The Corner of Yonge & 16th Ave. This Large Size Retail Unit Are Good For Any Suitable Retail Business Or Financial Services, Lot Of Free Parking Spaces. Anchored With No Frills Supermarket And Two Banks, Other Tenant Includes Kids Playground, Dollarama, Welcome Centre Immigration Services And McDonald. **** EXTRAS **** This Is The Former Royal Bank Branch Which Is Extremally Suitable For Financial Services Use, Other Use Welcome. Two Safety Vaults Installed.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Located in-line with other retail
  • Space is in Excellent Condition

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 South Hill Shopping Centre

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • CIBC
  • Bank
  • 1,224
  • International
  • Dollarama
  • Dollar/Variety/Thrift
  • 1,695
  • National
  • No Frills
  • Supermarket
  • 424
  • National
  • Pet Valu
  • Pet Shop/Supplies
  • 6
  • International
  • Spirit Halloween
  • -
  • -
  • -
  • Welcome Centre Immigration Services
  • Other Services
  • 1
  • Local
Tenant Description CAN Locations Reach
CIBC Bank 1,224 International
Dollarama Dollar/Variety/Thrift 1,695 National
No Frills Supermarket 424 National
Pet Valu Pet Shop/Supplies 6 International
Spirit Halloween - - -
Welcome Centre Immigration Services Other Services 1 Local

Property Facts

Total Space Available 5,700 SF
Center Type Outlet Center
Parking 740 Spaces
Center Properties 4
Frontage
1,033’ on 16th Ave
  • 1,020’ on Yonge St
Gross Leasable Area 210,091 SF
Total Land Area 23.75 AC
Year Built 1995

Features and Amenities

  • Dedicated Turn Lane
  • Signalized Intersection
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Scotiabank
Royal Bank of Canada
TD Canada Trust
GoodLife Fitness
Starbucks
Tim Hortons
Second Cup
Swiss Chalet Rotisserie & Grill
Thai Express
Hero Certified Burgers
  • Listing ID: 13710304

  • Date on Market: 2024-02-05

  • Last Updated:

  • Address: 9325 Yonge St, Richmond Hill, ON L4C 1V4

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