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World Shops 7163 Yonge St
306 SF of Retail Space Available in Markham, ON L3T 0C7
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 145 | 306 SF | 1-5 Years | $66.16 USD/SF/YR $5.51 USD/SF/MO $712.19 USD/m²/YR $59.35 USD/m²/MO $1,687 USD/MO $20,246 USD/YR | Full Service |
1st Floor, Ste 145
$2070/month + HST. Exceptional Retail Opportunity in the Heart of Yonge/Steeles! Discover a vibrant multi-use complex boasting 300 office units, a hotel, and four residential towers totaling over 1,200 units. This is your chance to establish your business in a prime location! Enjoy easy access to public transit and future subway extensions, ensuring maximum visibility and accessibility. With its premier positioning right by the escalator, this unit offers unparalleled exposure to capture the attention of countless potential customers. Don't miss out on this incredible opportunity! Ideal for Jewelry Boutiques, Currency Exchange Centers, and Spas. Experience High Foot Traffic, Abundant Surface Parking, and Underground Parking Facilities. Enjoy the added convenience of a sink already installed in the unit.
- Rate includes utilities, building services and property expenses
- Central Air Conditioning
- Ground Floor Unit
- Close To Public Transit
- Inside shopping mall
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 7163 Yonge St , Markham, ON L3T 0C7
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.62/1,000 SF |
| Gross Leasable Area | 135,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 135,000 SF |
| Year Built | 2013 |
| Parking Ratio | 0.62/1,000 SF |
About the Property
Multi-family condo building with retail on the ground level in Markham, ON.
- Bus Line
- Dedicated Turn Lane
- Property Manager on Site
- Security System
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
-
Niloufar Mahrouh -
Homelife/Cimerman Real Estate Ltd.
Learn More About Leasing Retail Properties
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World Shops | 7163 Yonge St
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