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The Princess Theatre 10335 82 Av NW 14,270 SF of Retail Space Available in Edmonton, AB T6E 1Z9
HIGHLIGHTS
- Heavy Day and Night Foot Traffic
- Historic Building
- Heavy Day and Night Vehicle Traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,270 SF | 5-10 Years | $10.88 USD/SF/YR $0.91 USD/SF/MO $155,223 USD/YR $12,935 USD/MO | Triple Net (NNN) |
1st Floor
The historic Princess Theatre... Built in 1914 by John McKernan, the first marble-faced building in Western Canada and a Provincially designated historic site. Princess Theatre is 360 seats including a second floor balcony, a concession, washrooms and projector room. Princess II is 90 seats with it's own concession, washrooms and entrance from Whyte Avenue. This property can come fully equipped, the Landlord prefers the same or similar use in the building. Preference will be given to similar uses and users taking the whole space. At this time, the third floor is not included in the GLA. The 9,680 SF includes the lower level Princess II theatre.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Movie Theater
- High Ceilings
- Plug & Play
- Historic Building
- Turn-Key Space
- Whyte Avenue
- Marquee Signage
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.
SELECT TENANTS AT THE PRINCESS THEATRE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Princess Theatre
- Arts, Entertainment, and Recreation
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Princess Theatre | Arts, Entertainment, and Recreation | 1 | - |
PROPERTY FACTS
| Total Space Available | 14,270 SF | Gross Leasable Area | 14,270 SF |
| Property Type | Retail | Year Built | 1914 |
| Property Subtype | Movie Theater | Parking Ratio | 0.14/1,000 SF |
| Total Space Available | 14,270 SF |
| Property Type | Retail |
| Property Subtype | Movie Theater |
| Gross Leasable Area | 14,270 SF |
| Year Built | 1914 |
| Parking Ratio | 0.14/1,000 SF |
ABOUT THE PROPERTY
The historic Princess Theatre... Built in 1914 by John McKernan, the first marble-faced building in Western Canada and a Provincially designated historic site. Princess Theatre is 360 seats including a second floor balcony, a concession, washrooms and projector room. Princess II is 90 seats with it's own concession, washrooms and entrance from Whyte Avenue. This property can come fully equipped, the Landlord prefers the same or similar use in the building. Preference will be given to similar uses and users taking the whole space. At this time, the third floor is not included in the GLA. The 9,680 SF includes the lower level Princess II theatre.
NEARBY MAJOR RETAILERS
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The Princess Theatre | 10335 82 Av NW
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