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Hyde Park Commons 1960 Hyde Park Rd
1,500 SF of Retail Space Available in London, ON N6H 5L9
Highlights
- Heavy car traffic
- Convenient Access
- Strategic Location
- Versatile Space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,500 SF | 10 Years | $35.00 CAD/SF/YR $2.92 CAD/SF/MO $376.74 CAD/m²/YR $31.39 CAD/m²/MO $4,375 CAD/MO $52,500 CAD/YR | Triple Net (NNN) |
1970 Hyde Park Rd - 1st Floor - Ste 1
Strategic end-cap unit facing the main road. High Traffic Area. Close Proximity to Major Retailers. Convenient Access. Exceptional Visibility. Surrounded by national tenants such as Wendy's, Wal-Mart, Canadian Tire, Healthy Planet, D-Spot Dessert, KFC and many more.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Corner Space
- High Ceilings
- Strategic Location
- High traffic area
- Proximity to Major Retailers
- End-cap
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.
SELECT TENANTS AT Hyde Park Commons
- Tenant
- Description
- CAN Locations
- Reach
- CIBC
- Bank
- 1,853
- International
- Wendy's
- Fast-food
- 752
- International
| Tenant | Description | CAN Locations | Reach |
| CIBC | Bank | 1,853 | International |
| Wendy's | Fast-food | 752 | International |
PROPERTY FACTS FOR 1960 Hyde Park Rd , London, ON N6H 5L9
| Center Type | Community Center | Gross Leasable Area | 17,694 SF |
| Parking | 90 Spaces | Total Land Area | 2.02 AC |
| Stores | 8 | Year Built | 2011 |
| Center Properties | 3 |
| Center Type | Community Center |
| Parking | 90 Spaces |
| Stores | 8 |
| Center Properties | 3 |
| Gross Leasable Area | 17,694 SF |
| Total Land Area | 2.02 AC |
| Year Built | 2011 |
About the Property
Discover the perfect commercial opportunity at 1960 Hyde Park in London, ON, situated in one of the city's fastest growing area. This prime-end-cap unit boasts exceptional visibility and frontage directly on Hyde Park Road, surrounded by a diverse mix of national retailers. With major traffic generators like Canadian Tire, Tim Hortons, Walmart, Starbucks, CIBC, Wendy's, KFC, and more in close proximity, the location ensures high daily exposure with a traffic count of 19,000 cars.
- 24 Hour Access
Nearby Major Retailers
Presented by
Hyde Park Commons | 1960 Hyde Park Rd
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