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1100 Gorham St 1100 Gorham St
2,500 SF of Retail Space Available in Newmarket, ON L3Y 8Y8
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SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RENT
- SERVICE TYPE
Space | Size | Ceiling | Term | Rent | Service Type | |
1st Floor, Ste 12 | 2,500 SF | 9 ft 6 in | 5 Years | £10.17 /SF/PA £0.85 /SF/MO £25,428 /PA £2,119 /MO | Triple Net |
1st Floor, Ste 12
High exposure commercial unit for your business in Newmarket - by Leslie and Gorham. A professionally managed complex. Close to all amenities - Starbucks, Tim Hortons, St. Louis. Great fit for a retail showroom, professional office and creative space. Easy access to Hwy 404 and YRT stops at front. Comprised of many private offices, large meeting/training rooms, washrooms and a kitchenette. Earliest possible possession is March 2025. This unit is being demised currently from a former larger unit and will be remeasured with all rent calculation updated accordingly. No rear loading nor possibility of adding one.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 9 ft 6 in
- Great location with high exposure facing Leslie St
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 agent 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 FOR 1100 GORHAM ST , NEWMARKET, ON L3Y 8Y8
Total Space Available | 2,500 SF | Gross Internal Area | 55,506 SF |
Property Type | Retail | Year Built | 1988 |
Property Subtype | Freestanding | Parking Ratio | 1.71/1,000 SF |
Total Space Available | 2,500 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Internal Area | 55,506 SF |
Year Built | 1988 |
Parking Ratio | 1.71/1,000 SF |
NEARBY MAJOR RETAILERS
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Presented by
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1100 Gorham St | 1100 Gorham St
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