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438 Kerr St
3,600 SF of Retail Space Available in Oakville, ON L6K 3C4
Highlights
- Prime Oakville location with parking and infrastructure
- Includes indoor and outdoor parking spaces
- Easily accessible with major highway proximity
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 5 | 3,600 SF | 1-10 Years | £16.74 /SF/PA £1.39 /SF/MO £60,261 /PA £5,022 /MO | Full Service Gross |
1st Floor, Ste 5
3,600 sq. ft. main floor Retail space, previous use was a Restaurant with all infrastructure in place with 10 ft hood. Plus 2 double indoor parking garages (4 parking indoor spaces) previously used as a summer time patio plus some 5 outside parking spots. Just south of Speers Road, easy access to Q.E, 403 & 407 highway Via Kerr St. or Dorval Drive.
- Rate includes utilities, building services and property expenses
- Central Air Conditioning
- 10-ft hood and restaurant-ready infrastructure
- Indoor and outdoor parking available
- Fully air-conditioned with natural gas heating
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 438 Kerr St , Oakville, ON L6K 3C4
| Property Type | Retail | Gross Internal Area | 8,406 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1967 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 8,406 SF |
| Year Built | 1967 |
About the Property
This property is a prime retail location in Oakville's Bronte East area, previously used as a restaurant. It comes with essential infrastructure, including a 10-ft hood, making it an ideal choice for foodservice businesses. The property includes two indoor double parking garages with four parking spots and an additional five outdoor parking spaces. Fully air-conditioned and heated with forced air (natural gas), it offers a comfortable environment year-round. Located just south of Speers Road, the property offers easy access to major highways, including the Q.E., 403, and 407 via Kerr Street or Dorval Drive. Public transit is also nearby, enhancing its accessibility for both customers and staff. This property presents an excellent opportunity for businesses seeking a well-connected, accessible location.
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438 Kerr St
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