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785 Wonderland Rd S 73,000 SF of Office Space Available in London, ON N6K 1M6
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 73,000 SF | Negotiable | $10.03 USD/SF/YR $0.84 USD/SF/MO $732,134 USD/YR $61,011 USD/MO | Triple Net (NNN) |
2nd Floor
Opportunity to lease 2nd floor office space at Westmount Shopping Centre. The second floor of the former Sears will be reborn as a 73,000 SF single storey office building with the owner installing new perimeter windows, HVAC, common area washrooms and more. Spaces can be available from around 2,500 SF up to 73,000 SF. Possession will be dependent on progress of redevelopment but the estimate is approximately 12 months from lease execution. Zoning permits general office as well as Medical and Dental. Come join the Westmount community today!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 183 - 584 People
- Located in-line with other retail
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 785 WONDERLAND RD S, LONDON, ON N6K 1M6
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Davis Martindale
- Other Services
- 1
- Local
- Fit4Less
- Fitness
- 116
- National
- London Heath Sciences Centre
- MD/DDS
- 1
- Local
- Reptilia
- Animal Care/Groom
- 3
- Regional
- Superking Supermarket
- Supermarket
- 3
- Local
- Urban Planet
- Unisex Apparel
- 118
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Davis Martindale | Other Services | 1 | Local |
| Fit4Less | Fitness | 116 | National |
| London Heath Sciences Centre | MD/DDS | 1 | Local |
| Reptilia | Animal Care/Groom | 3 | Regional |
| Superking Supermarket | Supermarket | 3 | Local |
| Urban Planet | Unisex Apparel | 118 | International |
PROPERTY FACTS
| Total Space Available | 73,000 SF | Total Land Area | 23.53 AC |
| Property Type | Retail | Year Built | 1983 |
| Property Subtype | Freestanding | Parking Ratio | 3.45/1,000 SF |
| Gross Leasable Area | 476,284 SF |
| Total Space Available | 73,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 476,284 SF |
| Total Land Area | 23.53 AC |
| Year Built | 1983 |
| Parking Ratio | 3.45/1,000 SF |
NEARBY MAJOR RETAILERS
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785 Wonderland Rd S
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