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10515-10519 114 St NW 2,480 SF of Retail Space Available in Edmonton, AB T5H 3J6
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10519 | 2,480 SF | Dec 2029 | $9.51 USD/SF/YR $0.79 USD/SF/MO $23,575 USD/YR $1,965 USD/MO | Triple Net (NNN) |
1st Floor, Ste 10519
- 2,480 sqft - Turnkey retail space with new HVAC, flooring, electrical - Fixtures negotiable - Front retail area - Food prep area - Back grade loading and storage area - Located within a block of MacEwan University
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Located in-line with other retail
- Space is in Excellent Condition
- Located next to MacEwan University
- Improvements are less than a year old
- Fully turnkey general retail
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 10515-10519 114 ST NW, EDMONTON, AB T5H 3J6
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- 2524628 Alberta Inc.
- -
- 1
- -
- Alam Convenience Store
- Retailer
- 1
- -
- Light Up K
- Retailer
- 1
- -
- Soper's Supply LTD.
- Other Services
- 1
- National
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| 2524628 Alberta Inc. | - | 1 | - |
| Alam Convenience Store | Retailer | 1 | - |
| Light Up K | Retailer | 1 | - |
| Soper's Supply LTD. | Other Services | 1 | National |
PROPERTY FACTS
| Total Space Available | 2,480 SF | Gross Leasable Area | 9,700 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront | Parking Ratio | 1.03/1,000 SF |
| Total Space Available | 2,480 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,700 SF |
| Year Built | 1960 |
| Parking Ratio | 1.03/1,000 SF |
ABOUT THE PROPERTY
Retail space in a single-floor building in Queen Mary Park. Surrounded by residential building and student housing. Centrally located just north of downtown
NEARBY MAJOR RETAILERS
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10515-10519 114 St NW
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