Commercial Space for Lease in St. John's, NL
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Leasing Commercial Space in St. John's, Newfoundland and Labrador
Commercial space for lease in St. John's, Newfoundland and Labrador ranges from small retail units and offices to warehouse and industrial bays. Compare the asking rate per square foot, the lease type (net, gross or triple net) and the total monthly cost before booking a tour.
Frequently Asked Questions
In a gross lease the tenant pays one rent and the landlord covers property taxes, insurance and maintenance. In a net or triple net (NNN) lease the tenant pays a base rent plus their share of those costs, so the advertised rate per square foot is lower but the total monthly cost can be higher.
Canadian commercial rent is usually quoted as dollars per square foot per year. Multiply the rate by the unit size and divide by 12 for the monthly base rent, then add any additional rent (taxes, common area costs) listed by the landlord.
Often, yes. A lease assignment or sublease lets you step into an existing lease, but the landlord usually has to approve it. Ask for a copy of the lease and the landlord's consent conditions early.