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1163 Highbury Av N
1,399 - 3,209 SF of Retail Space Available in London, ON N5Y 1A6
Highlights
- Access to public transit and highway
- Ample parking
- Heavy commercialized area
- Retail amenities nearby
- High exposure location
- Heavy daytime foot traffic area
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Lower Level, Ste 2 | 1,810 SF | 1-10 Years | £14.31 /SF/PA £1.19 /SF/MO £25,898 /PA £2,158 /MO | Triple Net | ||
| 1st Floor, Ste 2B | 1,399 SF | 1-10 Years | £14.31 /SF/PA £1.19 /SF/MO £20,017 /PA £1,668 /MO | Triple Net |
Lower Level, Ste 2
Zoning: HS2 - permits a wide range of uses such as office, retail, restaurants, financial institutions, animal hospital, personal service, convenience stores, etc. Parking: Plenty of on-site spaces available for free. Signage: Pylon and building signage available. Approx. 1,810 SF lower level free of charge. High traffic area. Located between McDonald’s and Tim Hortons. Utilities separately metered.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 3,209 SF of adjacent space
- Central Air Conditioning
- Natural light exposure
- Pylon and building signage available
1st Floor, Ste 2B
Zoning: HS2 - permits a wide range of uses such as office, retail, restaurants, financial institutions, animal hospital, personal service, convenience stores, etc. Parking: Plenty of on-site spaces available for free. Signage: Pylon and building signage available. Approx. 1,810 SF lower level free of charge. High traffic area. Located between McDonald’s and Tim Hortons. Utilities separately metered.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 3,209 SF of adjacent space
- Central Air Conditioning
- Natural light exposure
- Pylon and building signage available
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 1163 Highbury Av N , London, ON N5Y 1A6
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Retail | Parking Ratio | 4.8/1,000 SF |
| Gross Internal Area | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Internal Area | 5,000 SF |
| Year Built | 2000 |
| Parking Ratio | 4.8/1,000 SF |
About the Property
Commercial retail property located in London, Ontario.
Nearby Major Retailers
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1163 Highbury Av N
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