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The Signal Building 1390-1400 Castlefield Ave 5,004 - 54,213 SF of Retail Space Available in Toronto, ON M6B 4N4
HIGHLIGHTS
- Over 300 surface parking spots
- 16 foot ceilings
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 14,983 SF | 1-5 Years | $17.91 USD/SF/YR $1.49 USD/SF/MO $268,336 USD/YR $22,361 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 105-109 (Option 1) | 19,318 SF | 1-5 Years | $17.91 USD/SF/YR $1.49 USD/SF/MO $345,973 USD/YR $28,831 USD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 205 | 5,004 SF | Negotiable | $17.91 USD/SF/YR $1.49 USD/SF/MO $89,618 USD/YR $7,468 USD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 211 | 14,908 SF | Negotiable | $17.91 USD/SF/YR $1.49 USD/SF/MO $266,992 USD/YR $22,249 USD/MO | Triple Net (NNN) |
1st Floor, Ste 101
• Ground floor unit anchoring the south west corner of the building. • Patio potential. • Great opportunity for a number of users including furniture showroom, hospitality group, and more. • Over 300 parking spots outside the front door of the unit.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 34,301 SF of adjacent space
1st Floor, Ste 105-109 (Option 1)
• Ground floor unit anchoring the south west corner of the building. • Patio potential. • Great opportunity for a number of users including furniture showroom, hospitality group, and more. • Over 300 parking spots outside the front door of the unit.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 34,301 SF of adjacent space
2nd Floor, Ste 205
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Inline unit with exposure onto Castlefield Avenue
- Easy access to the loading dock
- Great opportunity for a number of users
- Ample parking on site
2nd Floor, Ste 211
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Ground floor unit
- Easy access to the loading dock
- Great opportunity for a number of users
- Ample parking on site
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 THE SIGNAL BUILDING
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Cabana Coast
- Furniture/Mattress
- 2
- International
- California Closets
- Retailer
- -
- -
- Domani Kitchens
- Furniture/Mattress
- 1
- Local
- Roots
- Unisex Apparel
- 2
- International
- UpCountry
- Retailer
- -
- -
- Weavers Art
- Other Retail
- 3
- Local
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Cabana Coast | Furniture/Mattress | 2 | International |
| California Closets | Retailer | - | - |
| Domani Kitchens | Furniture/Mattress | 1 | Local |
| Roots | Unisex Apparel | 2 | International |
| UpCountry | Retailer | - | - |
| Weavers Art | Other Retail | 3 | Local |
PROPERTY FACTS
| Total Space Available | 54,213 SF | Gross Leasable Area | 179,321 SF |
| Max. Contiguous | 34,301 SF | Year Built/Renovated | 1951/2003 |
| Property Type | Retail | Parking Ratio | 1.25/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 54,213 SF |
| Max. Contiguous | 34,301 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 179,321 SF |
| Year Built/Renovated | 1951/2003 |
| Parking Ratio | 1.25/1,000 SF |
ABOUT THE PROPERTY
Located in the heart of the Castlefield Design District. Well managed industrial/retail complex with a reputable landlord. In close proximity to numerous amenities and restaurants. Ample on-site parking.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
The Signal Building | 1390-1400 Castlefield Ave
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