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515 Woodlawn Rd W
5,801 SF of Retail Space Available in Guelph, ON N1K 1R9
Highlights
- High-traffic location with excellent visibility
- Ample parking and outdoor dining potential
- Customizable interior with rent-free renovation period
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,801 SF | 1-10 Years | $20.83 USD/SF/YR $1.74 USD/SF/MO $120,823 USD/YR $10,069 USD/MO | Triple Net (NNN) |
1st Floor
We are excited to present a unique opportunity for you to lease a stand-alone restaurant space in a prime location. This space offers a blend of modern amenities and the charm of an independent building, providing the perfect setting for your culinary vision to thrive. Key Highlights: Exclusive Location: Situated in a high-traffic area with excellent main road visibility and easy access, ensuring strong footfall and exposure. Ample Space: Generously sized layout, ideal for accommodating dining areas, a full kitchen, and additional back-of-house operations. Private Setting: As a stand-alone property, you'll enjoy increased privacy and the flexibility to customize the building to reflect your brand identity. Ample Parking space to enhance the convenience for your customers. Outdoor Seating : With the option for outdoor dining, you can create a distinctive ambiance that draws in patrons year-round. Whether youre expanding your restaurant portfolio or launching a new venture, this space provides the foundation for a successful dining establishment. There was a fire at the property in the past. The exterior has been properly restored and the interior is pending on the new tenant's renovation style. The interior photos are in the listing attachments. The owner is willing to offer rent free renovation period for the new tenant. **** EXTRAS **** Former turtle jack's restaurant
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Central Air Conditioning
- Spacious layout for dining and kitchen
- Private property with outdoor seating
- High visibility on main road
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 515 Woodlawn Rd W , Guelph, ON N1K 1R9
| Property Type | Retail | Total Land Area | 0.84 AC |
| Property Subtype | Restaurant | Year Built | 2004 |
| Gross Leasable Area | 6,113 SF | Parking Ratio | 8.18/1,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,113 SF |
| Total Land Area | 0.84 AC |
| Year Built | 2004 |
| Parking Ratio | 8.18/1,000 SF |
About the Property
This prime stand-alone property offers exceptional visibility on a main road, ensuring high foot traffic and exposure for your business. With a spacious layout, it provides ample room for dining areas, a full kitchen, and back-of-house operations. The property allows for customization, offering the flexibility to reflect your brand identity. Enjoy the privacy and convenience of a stand-alone building with ample parking for customers. The property also features the potential for outdoor seating, creating a unique ambiance and attracting patrons year-round. Previously home to a Turtle Jack's restaurant, the building was affected by a fire, but the exterior has been fully restored. The interior is ready for renovation, with the new tenant having the opportunity to design the space according to their vision. The owner is offering a rent-free renovation period to assist with the build-out. This location is perfect for expanding or launching a successful dining establishment.
- Dedicated Turn Lane
- Signalized Intersection
Nearby Major Retailers
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515 Woodlawn Rd W
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