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3255 Hwy 7 E 818 - 1,681 SF of Retail Space Available in Markham, ON L3R 3P9
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 863 SF | Negotiable | $24.82 USD/SF/YR $2.07 USD/SF/MO $21,420 USD/YR $1,785 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 60 | 818 SF | Negotiable | $24.82 USD/SF/YR $2.07 USD/SF/MO $20,304 USD/YR $1,692 USD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 1,681 SF of adjacent space
1st Floor, Ste 60
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 1,681 SF of adjacent space
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 3255 Hwy 7 E, Markham, ON L3R 3P9
- Tenant
- Description
- CAN Locations
- Reach
- FreshWay Foodmart
- -
- 1
- -
- GoPlace.com Spa
- Salon/Barber/Spa
- 1
- Local
- Lee's Badminton
- Fitness
- 3
- Local
- Lumen Eyecare
- Optical
- 2
- Local
- Shun Lee Herbs Co
- Retailer
- 1
- -
- Three Owls Optics Inc.
- Health Care and Social Assistance
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| FreshWay Foodmart | - | 1 | - |
| GoPlace.com Spa | Salon/Barber/Spa | 1 | Local |
| Lee's Badminton | Fitness | 3 | Local |
| Lumen Eyecare | Optical | 2 | Local |
| Shun Lee Herbs Co | Retailer | 1 | - |
| Three Owls Optics Inc. | Health Care and Social Assistance | 1 | Local |
Property Facts
| Total Space Available | 1,681 SF | Total Land Area | 22.82 AC |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront | Parking Ratio | 4.75/1,000 SF |
| Gross Leasable Area | 231,424 SF |
| Total Space Available | 1,681 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 231,424 SF |
| Total Land Area | 22.82 AC |
| Year Built | 1998 |
| Parking Ratio | 4.75/1,000 SF |
About the Property
Located in the prestigious First Markham Place, this property offers excellent exposure and high traffic volume. Positioned near the main entrance, it enjoys a prime location with easy access to major highways and public transit. The space is fully air-conditioned and heated with natural gas. Zoned for commercial and retail use, it provides versatility for various business needs. Monthly maintenance fees are $1,335.03, with annual property taxes of $8,224.43. The lease type is net, making it a great opportunity for businesses seeking visibility and a well-connected location in the Buttonville area.
- Food Court
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Kiosk/Cart Space
- Enclosed Mall
- Wheelchair Accessible
- Air Conditioning
- On-Site Security Staff
Nearby Major Retailers
Presented by
3255 Hwy 7 E
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