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549 Bur Oak Ave
1,200 SF of Retail Space Available in Markham, ON L6C 3E5
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 1-10 Years | $31.75 USD/SF/YR $2.65 USD/SF/MO $341.72 USD/m²/YR $28.48 USD/m²/MO $3,175 USD/MO $38,096 USD/YR | Triple Net (NNN) |
1st Floor
Retail space available in the bustling Williamstown Plaza, a high-traffic, grocery-anchored shopping center located in North Markham. This end unit offers excellent exposure, positioned next to the main entrance for optimal visibility and ease of access. Anchored by prominent tenants such as Freshco, Shoppers Drug Mart, TD Bank, and other popular businesses like Subway, Anytime Fitness, Pizza Pizza, and more, the plaza enjoys a high volume of foot traffic. Surrounded by a dense residential community, this location provides an ideal opportunity for businesses seeking a prime spot with excellent accessibility and parking availability.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Next to the main entrance for maximum exposure
- Anchored by major tenants, ensuring steady footfal
- Parking is convenient and accessible for customers
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 549 Bur Oak Ave , Markham, ON L6C 3E5
| Property Type | Retail | Year Built | 2009 |
| Property Subtype | Freestanding | Parking Ratio | 3.68/1,000 SF |
| Gross Leasable Area | 5,432 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,432 SF |
| Year Built | 2009 |
| Parking Ratio | 3.68/1,000 SF |
About the Property
Property is perpendicular to McCowan Road, within close proximity to highway 68 & highway 7.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
Nearby Major Retailers
Learn More About Leasing Retail Properties
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549 Bur Oak Ave
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