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The Junction Shopping Centre 32555 London Ave 2,854 SF of Retail Space Available in Mission, BC V2V 6M7
SUBLEASE HIGHLIGHTS
- Subject Site experiences over 1,650 feet of frontage to Highway 11, offering additional exposure
- Immediate interchange access off Abbotsford Mission Highway
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,854 SF | Oct 2030 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Rare 2,854 square foot sublease opportunity available within The Junction — Mission’s premier open-air shopping centre. Positioned within a well-established liquor store, this opportunity offers strong foot traffic, excellent visibility, and a chance to join a dominant retail node with a proven tenant mix and steady customer draw
- Sublease space available from current tenant
- Located in-line with other retail
- Fully-signalized intersection
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 JUNCTION SHOPPING CENTRE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Black Bond Books
- Retailer
- 1
- Local
- GoodLife Fitness
- Fitness
- 188
- National
- Johnston Meier Insurance Agencies Group
- Insurance
- 45
- Regional
- London Drugs
- Drug Store
- 82
- National
- Save-On-Foods
- Supermarket
- 311
- National
- Silvercity Mission Cinemas
- Cinema
- 177
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Black Bond Books | Retailer | 1 | Local |
| GoodLife Fitness | Fitness | 188 | National |
| Johnston Meier Insurance Agencies Group | Insurance | 45 | Regional |
| London Drugs | Drug Store | 82 | National |
| Save-On-Foods | Supermarket | 311 | National |
| Silvercity Mission Cinemas | Cinema | 177 | International |
PROPERTY FACTS
| Total Space Available | 2,854 SF | Total Land Area | 18.26 AC |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Freestanding | Parking Ratio | 3.35/1,000 SF |
| Gross Leasable Area | 150,098 SF |
| Total Space Available | 2,854 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 150,098 SF |
| Total Land Area | 18.26 AC |
| Year Built | 1998 |
| Parking Ratio | 3.35/1,000 SF |
ABOUT THE PROPERTY
The Junction is the District of Mission’s most prominent shopping centre, comprised of an excellent national and regional tenant roster, and approximately 320,000 square feet of first class retail, restaurants, and services. The shopping centre is ideally situated at the highly trafficked intersection of Highway 11 and Highway 7. The strategic positioning of the Subject Site offers immediate interchange access and excellent exposure to over 32,000 vehicles per day from Highway 11. Located minutes from the Mission Bridge, The Junction connects the District of Mission and North Abbotsford, conveniently serving both major markets. The Junction’s site size of 35 acres, 1,910 surface parking stalls, and multiple access points off London Avenue, play pivotal roles in easily accommodating the daytime population at the shopping centre.
- Signage
NEARBY MAJOR RETAILERS
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The Junction Shopping Centre | 32555 London Ave
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