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1527 Eglinton Av W
2,893 SF of Retail Space Available in Toronto, ON M6E 2G7
Highlights
- Vintage tire shop
- Plenty of parking in the area
- Located in rapidly transforming Eglinton West Crosstown corridor
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,893 SF | 10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
This vintage tire shop does a brisk business in the rapidly transforming Eglinton West Crosstown corridor. The site is a 200 metre walk to the Oakwood Crosstown station and the new Empire Midtown condo building. Many property owners in the area have future plans to develop multifamily buildings which will further progress the densification of this area, and the transformation of the neighbourhood. This is a cultural village with vibrant Caribbean roots. Next door is a Green P parking lot and the site of the Afro Caribbean Farmer’s Market in the summer. The proximity of the Green P lot provides convenience for vehicle oriented customers while the new transit system will provide ease of mobility to customers and staff. This building is old, but this location is prime and the Landlord is looking for a tenant with vision to renovate and operate professionally and successfully. This is an excellent location for a quick serve restaurant due to the presence of both parking and pedestrians, the traffic drivers nearby and the upcoming development in the area. Some national brands are present and many more are seeking site opportunities; this is an excellent site to put a foothold in this market
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Located in-line with other retail
- Central Air Conditioning
- 200 metre walk to the Oakwood Crosstown station
- Located in surrounding developing area
- Vintage tire shop
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 broker 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 1527 Eglinton Av W , Toronto, ON M6E 2G7
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Auto Repair | Parking Ratio | 6.91/1,000 SF |
| Gross Leasable Area | 2,893 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 2,893 SF |
| Year Built | 1949 |
| Parking Ratio | 6.91/1,000 SF |
Nearby Major Retailers
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1527 Eglinton Av W
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