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20 College Av
5,500 SF of Retail Space Available in Port Rowan, ON N0E 1M0
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,500 SF | 1-10 Years | £6.09 /SF/PA £0.51 /SF/MO £33,481 /PA £2,790 /MO | Triple Net |
1st Floor
5,500 SF retail/commercial building on over half acre site for sale or for lease in beautiful lake town of Port Rowan in sunny Southern Ontario, along Lake Erie's north shore. Property is zoned Central Business District, permitting a wide array of commercial uses, including, education and training facility, u-brew, doctors office, daycare, restaurant (fast food and takeout), vehicle sales and service, retail store and many more. Site is mostly fenced and features many building upgrades and renovations and includes functioning walk in cooler, two freezers, and partial kitchen just awaiting your new restaurant location. The lease will be net with tenant responsible for all operating costs.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Close to several amenities
- Ample parking
- Large lot
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 20 College Av , Port Rowan, ON N0E 1M0
| Total Space Available | 5,500 SF | Gross Internal Area | 5,500 SF |
| Property Type | Retail | Year Built | 1990 |
| Total Space Available | 5,500 SF |
| Property Type | Retail |
| Gross Internal Area | 5,500 SF |
| Year Built | 1990 |
Nearby Major Retailers
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20 College Av
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