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281 Grand Av E 1,221 - 8,950 SF of Retail Space Available in Chatham, ON N7L 1W8
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 3 | 1,221 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $15,744 USD/YR $1,312 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 4 | 1,731 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $22,321 USD/YR $1,860 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 5 | 3,583 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $46,202 USD/YR $3,850 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 6 | 2,415 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $31,141 USD/YR $2,595 USD/MO | Triple Net (NNN) |
1st Floor, Ste Unit 3
The Property's strategic location on Grand Avenue East creates a prime retail opportunity in the east side of Chatham on the main throughfare in and out of Chatham. The Property fronts on the north side of Grand Avenue East at the non-lighted 3-way intersection of Grand Avenue East and Memory Lane across from the Home Hardware shadow anchor on the south side of Grand Avenue East. The site is complimented by Mr. Lube and an automotive paint supplier. Three of the available units have front and rear access. The Commercial UC (HC1) zoning link below provides for a variety of retail and commercial uses, such as Auto Sales and Service, Eating Establishments, Car Wash, Laundromat, Retail Stores (see page 108 in the link).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Unit 4
The Property's strategic location on Grand Avenue East creates a prime retail opportunity in the east side of Chatham on the main throughfare in and out of Chatham. The Property fronts on the north side of Grand Avenue East at the non-lighted 3-way intersection of Grand Avenue East and Memory Lane across from the Home Hardware shadow anchor on the south side of Grand Avenue East. The site is complimented by Mr. Lube and an automotive paint supplier. Three of the available units have front and rear access.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Unit 5
The Property's strategic location on Grand Avenue East creates a prime retail opportunity in the east side of Chatham on the main throughfare in and out of Chatham. The Property fronts on the north side of Grand Avenue East at the non-lighted 3-way intersection of Grand Avenue East and Memory Lane across from the Home Hardware shadow anchor on the south side of Grand Avenue East. The site is complimented by Mr. Lube and an automotive paint supplier. Three of the available units have front and rear access.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste Unit 6
The Property's strategic location on Grand Avenue East creates a prime retail opportunity in the east side of Chatham on the main throughfare in and out of Chatham. The Property fronts on the north side of Grand Avenue East at the non-lighted 3-way intersection of Grand Avenue East and Memory Lane across from the Home Hardware shadow anchor on the south side of Grand Avenue East. The site is complimented by Mr. Lube and an automotive paint supplier. Three of the available units have front and rear access.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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
| Total Space Available | 8,950 SF | Gross Leasable Area | 16,024 SF |
| Property Type | Retail | Year Built | 1936 |
| Total Space Available | 8,950 SF |
| Property Type | Retail |
| Gross Leasable Area | 16,024 SF |
| Year Built | 1936 |
NEARBY MAJOR RETAILERS
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281 Grand Av E
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