Located next to the entry hallway to the subway, this 2nd unit boasts a wide storefront and excellent exposure, making it ideal for businesses looking to attract high pedestrian traffic. With all residents passing through this hallway on a daily basis, the potential for visibility and foot traffic is significant. The retail space spans approximately 35,000 square feet and is situated beneath the 78-storey tallest residential building in Canada, with a future connection to P.A.T.H.
Future mall hours are set to align with subway hours, offering businesses the opportunity to capitalize on extended operating hours. Interested parties are encouraged to act quickly to secure this prime location and take advantage of the lowest rent available.
The lease terms include a net lease with the option to renew, with the tenant responsible for paying rent, utilities, TMI, and HST. Estimated CAM fees are $12.69 per square foot gross per year, with estimated property taxes at $14.07 per square foot gross per year. Rent negotiations are open to triple-A tenants, and the property is offered in brand new, as-is condition.
This retail property is located at #98 - 384 Yonge St. in the city of Toronto, province of Ontario, with a postal code of M5B1S8. It is situated in the Bay Street Corridor community and features fully air-conditioned cooling. The property type is retail, making it an attractive option for businesses seeking a high-traffic, high-visibility location.
