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Shops On Yonge 7181 Yonge St
988 SF of Retail Space Available in Markham, ON L4J 8J2
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 7/108/109 | 988 SF | 1-10 Years | $40.00 CAD/SF/YR $3.33 CAD/SF/MO $39,520 CAD/YR $3,293 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 7/108/109
You Can Stop Looking. One Of The Best Spots At ""Word On Yonge"" See Listing Pic For Floor Plan. Very High Traffic Location Right On Main Floor Direct Entrance With Street Exposure. Three Units 7/108/109 Combined. Best For Any Retail/Service-Related Business. **** EXTRAS **** Zoning Permit Retail, Services Related Use, Office, Midical Related, Dentist, Doctors, Accounting And More.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- High-traffic location with street exposure
- Ideal for retail or service-related businesses
- Underground parking and public transit access
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 7181 Yonge St , Markham, ON L4J 8J2
Property Type | Retail | Year Built | 2013 |
Property Subtype | Freestanding | Parking Ratio | 6/1,000 SF |
Gross Leasable Area | 200,000 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 200,000 SF |
Year Built | 2013 |
Parking Ratio | 6/1,000 SF |
About the Property
Located in the highly sought-after "Word On Yonge" complex, this property offers an exceptional opportunity for retail or service-related businesses. Situated in a prime, high-traffic location along Yonge Street, it provides unmatched visibility and direct street access, ensuring maximum exposure for your business. The complex is ideal for various business types, with zoning permits covering retail, office, medical, and professional services such as dental or accounting. The property is well-connected, with public transit nearby and easy access to major highways, making it convenient for both customers and employees. This bustling area offers a vibrant atmosphere with a wide range of shops and amenities, including restaurants, cafes, and more, providing a dynamic environment for any business to thrive. With its strategic location and versatile potential, this is a fantastic opportunity for entrepreneurs seeking a prime space in one of Markham's busiest and most desirable areas.
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Property Manager on Site
- Security System
- Signalized Intersection
Nearby Major Retailers
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Shops On Yonge | 7181 Yonge St
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