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10331 82nd Ave NW 2,000 SF of Retail Space Available in Edmonton, AB T6E 4E4
HIGHLIGHTS
- Located next to the iconic Commercial Hotel
- Situated in a high foot-traffic area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | $25.94 USD/SF/YR $2.16 USD/SF/MO $51,887 USD/YR $4,324 USD/MO | TBD |
1st Floor
This prime restaurant space offers a fully turn-key setup, with all necessary equipment, fixtures, and furniture included for a smooth, immediate start. The space features large storefront windows, providing excellent exposure and inviting customers inside. With its versatile layout, the building is ideal for a variety of dining concepts, including a pizzeria, burger restaurant, donair shop, or ice cream parlour.
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Recessed Lighting
- Restaurant on Whyte Avenue for Lease
- Excellent window exposure
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,000 SF | Gross Leasable Area | 6,431 SF |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Restaurant | Parking Ratio | 0.31/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,431 SF |
| Year Built | 1977 |
| Parking Ratio | 0.31/1,000 SF |
ABOUT THE PROPERTY
This fully turn-key restaurant opportunity comes complete with all equipment, fixtures, and furniture, allowing for a seamless transition and immediate operation. The space is ideally located in the heart of Edmonton’s vibrant Whyte Avenue, one of the city’s most popular and high-traffic areas. Positioned directly next to the iconic Commercial Hotel and the historic Princess Theatre, the location benefits from constant foot traffic and excellent visibility. Large storefront windows offer outstanding exposure to passersby, making it easy to attract both new and returning customers. The layout and infrastructure of the restaurant make it an ideal setting for a variety of food concepts, including a pizzeria, burger restaurant, donair shop, or ice cream parlour.
NEARBY MAJOR RETAILERS
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10331 82nd Ave NW
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