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1620 Albion Rd 2,903 - 9,208 SF of Office Space Available in Toronto, ON M9V 4V4
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201 | 6,305 SF | 3-10 Years | $5.73 USD/SF/YR $0.48 USD/SF/MO $36,134 USD/YR $3,011 USD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 202 | 2,903 SF | 3-10 Years | $5.73 USD/SF/YR $0.48 USD/SF/MO $16,637 USD/YR $1,386 USD/MO | Triple Net (NNN) |
2nd Floor, Ste 201
Second-floor office space in busy grocery-anchored plaza. Great access, exposure and surface parking. Former Humber College space. Ideal for all non-competing office uses. The space is now vacant and consists of an open area, a boardroom, 15 offices, kitchenette. TMI includes utilities. Available immediately.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 16 - 51 People
- 15 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
- Space is an outparcel at this property
- reat access, exposure and surface parking
2nd Floor, Ste 202
Second-floor office space in busy grocery-anchored plaza. Great access, exposure and surface parking. Former Humber College space. Ideal for all non-competing office uses. The space is now vacant and consists of an open area, a boardroom, 15 offices, kitchenette. TMI includes utilities. Available immediately.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 8 - 24 People
- Space is in Excellent Condition
- reat access, exposure and surface parking
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 1620 ALBION RD, TORONTO, ON M9V 4V4
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Albion Jug City
- Supermarket
- 1
- -
- Alliance Employment Services
- Administrative and Support Services
- 1
- -
- Hope Centre
- Services
- 1
- -
- L A Star Shoes
- Retailer
- 1
- -
- Rent-A-Center
- Rental Shop
- 4
- International
- Sunny Foodmart
- Retailer
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Albion Jug City | Supermarket | 1 | - |
| Alliance Employment Services | Administrative and Support Services | 1 | - |
| Hope Centre | Services | 1 | - |
| L A Star Shoes | Retailer | 1 | - |
| Rent-A-Center | Rental Shop | 4 | International |
| Sunny Foodmart | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 9,208 SF | Total Land Area | 5.59 AC |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Storefront | Parking Ratio | 2.94/1,000 SF |
| Gross Leasable Area | 81,620 SF |
| Total Space Available | 9,208 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 81,620 SF |
| Total Land Area | 5.59 AC |
| Year Built | 1975 |
| Parking Ratio | 2.94/1,000 SF |
ABOUT THE PROPERTY
Mixed use property.
- Bus Line
- Corner Lot
- Pylon Sign
- Security System
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
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1620 Albion Rd
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