Newly constructed prime commercial retail space featuring excellent frontage. Pat Bayly Square is set to become the largest urban, mixed-use development in the Durham region. With more than 300 rental units situated above the retail space and a total of five buildings planned for the property, this presents a compelling opportunity. This retail unit is unique in offering both exterior access and access from the inside lobby. The unit's orientation towards Bayly Street ensures prime exposure on the main street.
Size: 1511 sq. ft. approximately
Type: Condo building
Term: 5 Years with 5 Year Option
Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions
Franchise Fee: $30K+HST
Monthly Rent: $5,500.04/mo +HST, including TMI, excluding Utilities
$175,000 - 240,000
*Construction & Equipment estimate varies by size & space condition
*Inventory estimate $15,000 – 35,000; varies by store size and categories
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