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Veritas Academy 8339 Kennedy Rd 1,888 SF of Office/Retail Space Available in Markham, ON L3R 4P8
HIGHLIGHTS
- heavy mall traffic
- lots of parking
- new public park 4 min walk away
- lots of natural light, SW facing
- T&T anchor tenant
- quiet and safe neighbourhood
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 28-30 | 1,888 SF | Negotiable | $16.82 USD/SF/YR $1.40 USD/SF/MO $31,755 USD/YR $2,646 USD/MO | Full Service |
1st Floor, Ste 28-30
Ground-floor 1,888 SF with street exposure on Kennedy Rd, minutes to Hwy 407 and Hwy 7. Modern, move-in full build-out with reception, multiple enclosed rooms plus open area, storage, and multiple washrooms (child-friendly fixtures currently in place). Clean finishes, upgraded lighting, and data wiring support a wide range of professional uses. Ideal for office/medical/wellness/therapy/physio, studio/fitness/creative, training/tutoring, showroom/service retail, or private education/enrichment (all uses subject to zoning/condo rules). Efficient layout converts easily for consult rooms, treatment rooms, classrooms, or studio bays without heavy renovation. Availability: Immediate. Lease economics: $22.88/SF net + $20.00/SF TMI (˜ $3,600/mo net + $3,150/mo TMI = $6,750.00/mo gross, utilities extra). Term: 5–10 years. Escalation: 2.5% annually on base rent. Site advantages: Main-road visibility, abundant surface parking, easy client access, and daily access to adjacent green space/trail for staff breaks or programming. Strong surrounding amenities and residential density. Condition: Turnkey, code-compliant interior—start operating immediately and avoid months of build-out time and cost. Tours: By appointment. Standard application/financials required.
- Rate includes utilities, building services and property expenses
- Fits 5 - 16 People
- High End Trophy Space
- Ground Floor
- Kennedy Rd Exposure, Signage/visibility
- Modern full build-out
- Immediate possession
- Multiple washrooms
- Abundant surface parking; minutes to Hwy 407/Hwy 7
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 VERITAS ACADEMY
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- T&T
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| T&T | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 1,888 SF | Total Land Area | 66.20 AC |
| Property Type | Retail | Year Built | 2013 |
| Gross Leasable Area | 148,451 SF | Parking Ratio | 1.21/1,000 SF |
| Total Space Available | 1,888 SF |
| Property Type | Retail |
| Gross Leasable Area | 148,451 SF |
| Total Land Area | 66.20 AC |
| Year Built | 2013 |
| Parking Ratio | 1.21/1,000 SF |
NEARBY MAJOR RETAILERS
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Veritas Academy
Veritas Academy | 8339 Kennedy Rd
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