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1445 Merivale Rd
3,702 SF of Retail Space Available in Ottawa, ON K2E 5N9
Highlights
- Located at the intersection of Merivale and Baseline Road
- Modern office building
- Frequent transit routes right out front
- Excellent exposure and signage opportunity
- Ample parking
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 101 | 3,702 SF | 1-10 Years | £15.34 /SF/PA £1.28 /SF/MO £56,804 /PA £4,734 /MO | Triple Net |
1st Floor, Ste 101
Unit 101 is a clean and modern retail space that was previously used as a Cannabis Retailer. It has large windows and is split between 2 floors. Suitable uses would include design studios, architectural office, pharmacy and medical uses, etc. Ground Floor: 1,127 SF, Second Floor: 2,575 SF. Total Area: 3,702 SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Large windows
- 2 floors
- Built out as retail
- Opportunity for pharmacy, medical, and studio
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 1445 Merivale Rd , Ottawa, ON K2E 5N9
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.94/1,000 SF |
| Gross Internal Area | 13,597 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 13,597 SF |
| Year Built | 2016 |
| Parking Ratio | 2.94/1,000 SF |
About the Property
1445 Merivale Road is conveniently located near the busy intersection of Merivale Road and Baseline Road. This property would be ideally suited for Retail and Office as well as many other uses. Great signage opportunity and excellent visibility on Merivale Road. Ample parking spaces and easily accessible by bus. Existing tenants include Orange Theory Fitness, City View Animal Hospital and a restaurant.
- Bus Route
- Corner Lot
- Dedicated Turn Lane
- Security System
- Signage
- Signalised Intersection
- Wheelchair Accessible
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
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1445 Merivale Rd
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