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Village Walk 1969 Oak Bay Ave
1,027 SF of Retail Space Available in Victoria, BC V8R 1E3
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste SL 1 | 1,027 SF | 1-10 Years | £20.64 /SF/PA £1.72 /SF/MO £21,202 /PA £1,767 /MO | Triple Net |
1st Floor, Ste SL 1
William Wright Commercial is pleased to present the opportunity to sublease a northwest facing CRU in a luxury condominium building. Built in 2014, this attractive and modern building located in the prestigious community of Oak Bay offers a unique mix of retailers providing a wide variety of services to the surrounding neighbourhood. Perfectly situated at the prominent corner of Oak Bay Avenue and Foul Bay Road, Village Walk offers a highly visible location and great street-front exposure for a variety of business types.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- High visibility
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 1969 Oak Bay Ave , Victoria, BC V8R 1E3
| Total Space Available | 1,027 SF | Year Built | 2014 |
| Property Type | Retail | Parking Ratio | 0.55/1,000 SF |
| Property Subtype | Storefront Retail/Residential | Cross Streets | Foul Bay |
| Gross Internal Area | 54,336 SF |
| Total Space Available | 1,027 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 54,336 SF |
| Year Built | 2014 |
| Parking Ratio | 0.55/1,000 SF |
| Cross Streets | Foul Bay |
Features and Amenities
- Bus Route
- Signage
- Signalised Intersection
- Balcony
Nearby Major Retailers
Presented by
Village Walk | 1969 Oak Bay Ave
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