124 Merton Street. For Lease: Retail, Office. Opportunity to Be the Primary Food User Servicing Numerous Buildings on the Street
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1 For Lease: Retail, Office 124 Merton Street Opportunity to Be the Primary Food User Servicing Numerous Buildings on the Street York Street, Toronto
2 Retail & high exposure office space available for lease on Merton Street between Yonge Street & Mount Pleasant Road, only a short walk to Davisville subway station. Includes a fully built-out restaurant space, with kitchen/venting, and exterior signage opportunity. Suite 100 Available Space 1,726 SF Leasing Agent Jared Collis* Vice President jcollis@ *Sales Representative Net Rent $23.50 PSF Additional Rent $13.09 PSF (2018 Estimate) (Includes all utilities and in-suite janitorial) Available August 1, 2018 (Ready for Tenant Fixturing) Floorplan available for restaurant
3 Available Space Currently used as the on-site café for the building and other neighbouring buildings Looking for another food user to utilize the full kitchen with venting Would also appeal to other retail users or high office exposure users Exterior signage opportunity Property Perks Easy accessibility for clients with street side and underground parking Building is 100% occupied Bike racks Second floor tenant patio Rooftop organic vegetable garden and terrace On site property manager Design inspired lobby and washrooms Fully leased building with high traffic Parking Ratio 1 per 1,000 sq. ft. leased, at $ per stall per month.
4 124 Merton Street
5 Your business success starts here.
6 In The Press Ben Kaplan National Post There are eggplants and fig trees and artichokes growing in front of the office building just off Yonge Street and a bit south of Davisville Avenue. This six-storey building at 124 Merton St. houses the usual severe-sounding businesses, places like Oral Ceramic Laboratory and Dandx Health Care, but high up above the workplace clamour, there s an organic tomato farm where the building s tenants are encouraged to come up and chill. It s the perfect place to make private phone calls, says Natalia Vitenski, who was enjoying a glass of chardonnay on the roof last Friday when the building s owner, Vivian Reiss, invited outsiders to sample this year s 34 varieties in her tomato crop. Reiss says the roof used to be a black hole, just this horrible waste of dead space, and so she decided to turn it into something that would improve her tenants quality of life. People are into the vibe of the building, says Reiss, a New Yorker who wears pink sunglasses and has bangle bracelets hanging off both her wrists. Lots of businesses have opened in this building, and when they grow, they just take on bigger spaces they don t want to move. Office perks around the city have gone above and beyond just tomatoes. At Steam Whistle Brewery, employees celebrating five years at the company will be taken to Oktoberfest in Munich this fall, and at the Kraft headquarters on Moatfield Drive in North York, employees can stop off at the shop on the first floor of their building for affordable chocolate, peanut butter and other Kraftbrand goodies. And of course, when Sugar Beach opened this month at the bottom of Jarvis Street, employees at the Queens Quay headquarters of Corus Entertainment were immediately packing suntan lotion along with their lunch. It s awesome because it brings people from different departments together, says Lee Millman, 27, who works in the on-air promotions department of the media company. Working in television, there s lots of deadlines, but it s been so nice to be able to escape at lunchtime and put my feet in the sand. For some employees, like Waisee Wong, who works in the IT department at Spin Master, a toy company located at Spadina and Front, the office perks are geared more towards her kids. My little one, Serafina, she s turning three, and she was going on and on about coming to the office for her birthday party, says Wong, who has two daughters, aged 12 and three. At Spin Master, each employee is given four toys a year, but Wong s co-worker, Enrico Ferrara, says it s impossible to bring his kids by the office without leaving with an armful of goods. My basement s literally littered with Spin Master toys, says Ferrara, whose boys are six and 12. Ferrara says he can t even bring his sons to the office anymore at the same time. It s impossible; they fight over everything, he says. Although I guess it s not the worst occupational hazard to have. Back at the tomato tasting on top of Vivian Reiss s building, office workers were faced with an occupational hazard of a different sort. It was just after 5 p.m. and the chardonnay was flowing, but Vitenski, who originally had come up to the roof to make a quick private phone call, decided she d had enough. I d love to stay up here all evening, she says, but I ve got to go back to work.
7 Jared Collis*, Vice President York Street, Toronto *Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2018.
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