508 Hume Street, Collingwood

Approximately 1,365 sq. ft. of commercial space for lease at 508 Hume Street in Collingwood. Landlord is seeking a quick-service restaurant concept, excluding operations whose primary business is selling hamburgers or cheeseburgers. Asking base rent is $38.00 per sq. ft. per year, net, plus estimated TMI of $10.00 per sq. ft. per year and applicable HST. Minimum five-year lease term, with ten years preferred. Tenant improvements are at the tenant's expense. Possession and fixturing timing are subject to agreement and completion of the required work. Shared parking with no reserved spaces. Building and pylon signage opportunities are subject to landlord approval and municipal bylaws. Proposed use is subject to landlord approval, applicable zoning and permits.