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1656 Hyde Park Rd
750 SF of Office/Retail Space Available in London, ON N6H 5L7
Highlights
- High traffic
- Ample Parking
- Open space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 750 SF | 1-10 Years | $21.60 CAD/SF/YR $1.80 CAD/SF/MO $16,200 CAD/YR $1,350 CAD/MO | Triple Net (NNN) |
1st Floor
Prime commercial space at the intersection of Hyde Park Road and North Routledge Park in northwest London. Free parking spaces available on site. Perfectly suited for a wide range of office or retail applications.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 2 - 6 People
- Natural Light exposure
- Suited for retail/ professional service uses
- Retail Amenities nearby
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 1656 Hyde Park Rd , London, ON N6H 5L7
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6.66/1,000 SF |
| Gross Leasable Area | 3,249 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,249 SF |
| Year Built | 1880 |
| Parking Ratio | 6.66/1,000 SF |
About the Property
Available space occupies the main floor of a freestanding building with direct exposure to Hyde Park Road ensuring excellent visibility. This property is located in a well-established and bustling retail/office hub.
Nearby Major Retailers
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1656 Hyde Park Rd
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