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48 Water St 599 - 1,436 SF of Retail Space Available in Port Perry, ON L9L 1J2
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 599 SF | Negotiable | $11.67 USD/SF/YR $0.97 USD/SF/MO $6,990 USD/YR $582.51 USD/MO | Triple Net (NNN) | ||
| 2nd Floor | 837 SF | Negotiable | $11.67 USD/SF/YR $0.97 USD/SF/MO $9,768 USD/YR $813.96 USD/MO | Triple Net (NNN) |
1st Floor
Two-level retail space (main floor and basement) totaling 1,436 SF: 837 SF on the main level and 599 SF in the basement. Excellent exposure and visibility, with ample parking available for customers. Conveniently located with easy access to Durham Region and the GTA, offering strong growth potential. Net Rent - $1950.00/month + TMI- $1172.73/month + HST + Hydro. Water included in TMI.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 1,436 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Basement
2nd Floor
Two-level retail space (main floor and basement) totaling 1,436 SF: 837 SF on the main level and 599 SF in the basement. Excellent exposure and visibility, with ample parking available for customers. Conveniently located with easy access to Durham Region and the GTA, offering strong growth potential. Net Rent - $1950.00/month + TMI- $1172.73/month + HST + Hydro. Water included in TMI.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 1,436 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Basement
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 | 1,436 SF | Gross Leasable Area | 1,436 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront |
| Total Space Available | 1,436 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,436 SF |
| Year Built | 1988 |
ABOUT THE PROPERTY
Prime retail space just steps from the waterfront, ideal for businesses looking to thrive in a high-traffic, tourist-friendly location. This sought-after area is known for its strong community support, regular downtown events, farmers markets, and festivals - driving consistent foot traffic.
NEARBY MAJOR RETAILERS
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48 Water St
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