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1644 Merrittville Hwy
5,000 SF of Retail Space Available in Thorold, ON L3B 5N5
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,000 SF | Negotiable | £11.26 /SF/PA £0.94 /SF/MO £121.21 /m²/PA £10.10 /m²/MO £56,304 /PA £4,692 /MO | Triple Net |
1st Floor
This expansive 5,000 square foot commercial space offers a versatile and functional layout, perfect for businesses seeking ample room to grow. The property features ample parking both in the front and back, ensuring convenient access for customers and employees. Its strategic location near Highway 20 and Highway 406 provides easy accessibility throughout the Niagara Region. To enhance convenience and functionality, the property includes on-site amenities. The commercial area features 3 two-piece bathrooms, while the residential area, comprising 2 bedrooms, offers a separate 3-piece bathroom. This thoughtful layout provides flexibility for businesses with diverse needs, ensuring a comfortable and efficient working environment. Ideal for: - Businesses seeking a combination of commercial and residential space - Companies requiring ample storage or workspace - Startups or small businesses looking for a central location - Business with a live-in arrangement with a commercial component
- Lease rate does not include utilities, property expenses or building services
- 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 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 1644 Merrittville Hwy , Thorold, ON L3B 5N5
| Property Type | Retail | Year Built/Renovated | 1980/2015 |
| Gross Internal Area | 5,000 SF |
| Property Type | Retail |
| Gross Internal Area | 5,000 SF |
| Year Built/Renovated | 1980/2015 |
About the Property
FEATURES - High traffic visibility - 2 gas furnaces (one for commercial unit and one for residential unit) - Commercial unit has 3-2 piece bathrooms - Residential unit has a 3 piece bathroom PARKING - Asphalt surface parking (ample) SERVICES - Septic System - Drilled well - Natural gas
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1644 Merrittville Hwy
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