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Milano's Ristorante 6551 Aulds Rd

4,990 SF of Retail Space Available in Nanaimo, BC V9T 6K2

Sublease Highlights

  • On the corner of Aulds Road and Island Highway North
  • Nearby retailers include Canadian Western Bank, Pomme Natural Market, Staples and Milano’s Ristorante

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 4,990 SF
  • Feb 2027
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now
  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Central Air and Heating
Space Size Term Rental Rate Rent Type
1st Floor 4,990 SF Feb 2027 Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor

Size
4,990 SF
Term
Feb 2027
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Central Air and 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 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 6551 Aulds Rd , Nanaimo, BC V9T 6K2

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 5,880 SF
Total Land Area 0.33 AC
Year Built 1996
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Planet Fitness
Royal Bank of Canada
White Spot Restaurant
Ricky's All Day Grill
CIBC
Tacotime
Tim Hortons
New York Fries
Starbucks
Real Canadian Superstore
  • Listing ID: 33537047

  • Date on Market: 2024-10-16

  • Last Updated:

  • Address: 6551 Aulds Rd, Nanaimo, BC V9T 6K2

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