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BlueSkys Arts Lofts & Market 10571 114th St 7,000 SF of Office/Retail Space Available in Edmonton, AB T5H 3J6
Highlights
- Open concept space
- Parking throughout the area
- Natural light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor | 7,000 SF | 10’ | 3-10 Years | $5.77 USD/SF/YR $0.48 USD/SF/MO $40,361 USD/YR $3,363 USD/MO | Full Service |
2nd Floor
Open-Concept Second Floor | 7,000 SF | Active & Creative Use | Oliver | Edmonton 10575 114 Street presents a 7,000 SF raw second-floor commercial space in a professionally managed Oliver building — suited for dance studios, martial arts academies, gyms, fitness operators, creative studios, and community organizations are the primary use cases supported by the space and its zoning. Lease Economics: Net Rent: $8.00/SF Op Costs: $12.08/SF Taxes: $2.86/SF (included in the $12.08 op cost) Total Gross: $20.08/SF/year Gross Monthly: ~$11,713/month Non-profit tenants qualifying for COPTER may see property tax reduced or eliminated, lowering effective gross to ~$10,047/month Property Details: Size: 7,000 SF (full building: 21,674 SF) Zoning: DC21437 — permits office, dance, martial arts, gym, gallery, school, and more Ceiling Height: 9–10' Year Built: 1960 | Renovated ~2020 Power/HVAC: Dated mechanical; good AC Parking: Free enclosed parking (rear) + paid street parking Signage: Fascia signage available Nearby: Brewery District, Grant MacEwan University Raw second-floor space in a stabilized, professionally managed building. Incoming tenant controls the buildout — no paying for someone else's finishes. DC21437 zoning supports a broad mix of active, community, and professional uses.
- Rate includes utilities, building services and property expenses
- Finished Ceilings: 10’
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 BlueSkys Arts Lofts & Market
- Tenant
- Description
- CAN Locations
- Reach
- Canna Cabana
- Drug Store
- 222
- National
- Cariwest/Western Carnival
- Services
- 1
- -
- CLI College
- Educational Services
- 1
- -
- Dynasty Beauty
- Retailer
- 1
- -
- Eden Extensions and Braids
- Services
- 1
- -
- J&G Records
- Services
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Canna Cabana | Drug Store | 222 | National |
| Cariwest/Western Carnival | Services | 1 | - |
| CLI College | Educational Services | 1 | - |
| Dynasty Beauty | Retailer | 1 | - |
| Eden Extensions and Braids | Services | 1 | - |
| J&G Records | Services | 1 | - |
Property Facts
| Total Space Available | 7,000 SF | Gross Leasable Area | 21,674 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.63/1,000 SF |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,674 SF |
| Year Built | 1949 |
| Parking Ratio | 0.63/1,000 SF |
Features and Amenities
- Bus Line
- Corner Lot
- Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Contacts
-
Tom Dean -
James Estayo -
Chuck Clubine -
Sidaq Gill -
Lizotte & Associates Real Estate Inc.
Presented by
BlueSkys Arts Lofts & Market | 10571 114th St
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