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Wellington Southdale Plaza 979-983 Wellington Rd 1,135 - 7,553 SF of Retail Space Available in London, ON N6E 3A9
HIGHLIGHTS
- Along an arterial retail corridor near Highway 401
- Proximity to established national brands
- Prime location with high foot traffic
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 108 | 6,418 SF | 10-30 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $128,360 CAD/YR $10,697 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 109A | 1,135 SF | 10-30 Years | $32.00 CAD/SF/YR $2.67 CAD/SF/MO $36,320 CAD/YR $3,027 CAD/MO | Triple Net (NNN) |
979-993 Wellington Rd - 1st Floor - Ste 108
Exceptional space for a cafe or quick service restaurant.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Wi-Fi Connectivity
- High Ceilings
- Great Visibility
- Perfect size
- Right size unit
- Great Co-Tenant's
979-993 Wellington Rd - 1st Floor - Ste 109A
Movie Theatre anchored shopping center along busy Wellington Road.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Central Air Conditioning
- Wheelchair Accessible
- High traffic
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 | 7,553 SF | Center Properties | 5 |
| Center Type | Neighborhood Center | Gross Leasable Area | 87,424 SF |
| Parking | 100 Spaces | Total Land Area | 16.99 AC |
| Stores | 5 | Year Built | 1988 |
| Total Space Available | 7,553 SF |
| Center Type | Neighborhood Center |
| Parking | 100 Spaces |
| Stores | 5 |
| Center Properties | 5 |
| Gross Leasable Area | 87,424 SF |
| Total Land Area | 16.99 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Movie Theatre anchored shopping centre near White Oaks Mall. Shadow anchored by numerous national Tenant's.
NEARBY MAJOR RETAILERS
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Wellington Southdale Plaza | 979-983 Wellington Rd
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