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10450 42nd Ave NW 128,326 SF of Retail Space Available in Edmonton, AB T6J 6X4
SUBLEASE HIGHLIGHTS
- Many permitted uses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 128,326 SF | Sep 2033 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
A unique opportunity to lease a freestanding 128,326 square foot buildingwith a 19,000 square foot outdoor covered area on a 10.44 acre site in RideauPark. Located on the corner of Whitemud Drive and Calgary Trail, the propertyprovides direct access to Highway 2 and excellent visibility with a combinedtraffic count of 127,500 vehicles per day.
- Sublease space available from current tenant
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Lots of natural light
- ±19,000 SF (Outdoor garden centre)
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 | 128,326 SF | Gross Leasable Area | 128,326 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Freestanding | Parking Ratio | 7.79/1,000 SF |
| Total Space Available | 128,326 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 128,326 SF |
| Year Built | 1993 |
| Parking Ratio | 7.79/1,000 SF |
ABOUT THE PROPERTY
A unique opportunity to lease a freestanding 128,326 square foot building with a 19,000 square foot outdoor covered area on a 10.44 acre site in Rideau Park. Located on the corner of Whitemud Drive and Calgary Trail, the property provides direct access to Highway 2 and excellent visibility with a combined traffic count of 127,500 vehicles per day. The property’s zoning allows for a variety of uses, including but not limited to quasi-industrial, car dealerships, and furniture/home goods. The building offers dock and grade loading, an abundance of parking stalls, and paved and fenced yard space, making it suitable for retail and industrial users
- Signage
NEARBY MAJOR RETAILERS
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10450 42nd Ave NW
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