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South Unionville Square 8333-8339 Kennedy Rd 12,047 SF of Retail Space Available in Markham, ON L3R 5Y7
HIGHLIGHTS
- Plentiful Underground Parking
- High Exposure To Kennedy Rd. Ideal For Tutoring Centre
- Direct Elevator To The Retail Unit From Underground Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2800-05 | 12,047 SF | 1-10 Years | $14.33 USD/SF/YR $1.19 USD/SF/MO $172,603 USD/YR $14,384 USD/MO | Triple Net (NNN) |
8339 Kennedy Rd - 1st Floor - Ste 2800-05
A Rare Find High Exposure 12047 Sqft Commercial Retail Space In Heart Of Markham Next To Downtown Markham District.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Steps To York University, Go Train Station
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 | 12,047 SF | Frontage | 763’ on Kennedy Rd |
| Center Type | Community Center | Gross Leasable Area | 216,401 SF |
| Parking | 985 Spaces | Total Land Area | 78.86 AC |
| Center Properties | 4 | Year Built | 2014 |
| Total Space Available | 12,047 SF |
| Center Type | Community Center |
| Parking | 985 Spaces |
| Center Properties | 4 |
| Frontage | 763’ on Kennedy Rd |
| Gross Leasable Area | 216,401 SF |
| Total Land Area | 78.86 AC |
| Year Built | 2014 |
ABOUT THE PROPERTY
Mall Is Anchored By T&T Supermarket, And Surrounded By Restaurants, High End Automobile Dealership, Professional Offices, Doctors Offices, Dental Offices, Schools. Steps To York University, Go Train Station, Ymca, Pan Am Centre, Cineplex Cinemas, Hwy 407, Etc.
NEARBY MAJOR RETAILERS
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South Unionville Square | 8333-8339 Kennedy Rd
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