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Orillia Square 1029 Brodie Dr
1,400 - 18,000 SF of Retail Space Available in Orillia, ON L3V 0V2
Highlights
- Highest traffic retail thoroughfares
- Significant improvement in traffic patterns
- Dominant major big box retailers
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,400-18,000 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
A new large format 125,000sf Canadian Tire store recently opened on site along with a new 16,000sf proto Sport Chek, 12,000sf Marks Work Wearhouse and a new large format (12,000sf) Dollarama to tentatively open this fall. This first phase of remerchandising to the shopping centre has seen a significant improvement in traffic patterns, drawing additional consumers on site. The Development is also anchored by a recently modernized No Frills with approximately 47,000sf along with a 25,000sf Brick on site.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
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 FOR 1029 Brodie Dr , Orillia, ON L3V 0V2
Min. Divisible | 1,400 SF | Gross Leasable Area | 241,388 SF |
Property Type | Retail | Total Land Area | 45.42 AC |
Property Subtype | Department Store | Year Built | 1975 |
Min. Divisible | 1,400 SF |
Property Type | Retail |
Property Subtype | Department Store |
Gross Leasable Area | 241,388 SF |
Total Land Area | 45.42 AC |
Year Built | 1975 |
About the Property
The Development is located on one of the highest traffic retail thoroughfares in the market, whereby all the dominant major big box retailers are all located in close proximity.
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Orillia Square | 1029 Brodie Dr
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