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South 40 Shopping Centre 10712 80th Ave 972 - 2,172 SF of Retail Space Available in Grande Prairie, AB T8W 0G9
HIGHLIGHTS
- A 22 acre shopping centre strategically located at the intersection of 108 Street/Highway 43 and 84 Avenue with 35,856 vehicles per day (2022).
- Ample Parking.
- Shadow anchored by Loblaws’ No Frills Grocery Store.
- Tenants include Shoppers Drug Mart, Dollarama, RBC, Servus Credit Union, McDonald’s, Tim Horton’s, and Original Joe’s
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 972 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
10720 78th Ave - 1st Floor
Very unique opportunity to situate in a rapidly growing residential area adjacent to a major business/industrial district with a large daytime business population The site benefits from strong projected growth in the city’s southwest residential node
- 22 acre shopping centre
- Strategically located
10712 80th Ave - 1st Floor
Retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Signage
- Natural Light
- Surfacae Parking
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 SOUTH 40 SHOPPING CENTRE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Royal Bank of Canada
- Bank
- 2,200
- International
- Shoppers Drug Mart
- -
- -
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Royal Bank of Canada | Bank | 2,200 | International |
| Shoppers Drug Mart | - | - | - |
PROPERTY FACTS
| Total Space Available | 2,172 SF | Center Properties | 3 |
| Center Type | Strip Center | Gross Leasable Area | 52,072 SF |
| Parking | 141 Spaces | Total Land Area | 27.18 AC |
| Stores | 3 | Year Built | 1980 |
| Total Space Available | 2,172 SF |
| Center Type | Strip Center |
| Parking | 141 Spaces |
| Stores | 3 |
| Center Properties | 3 |
| Gross Leasable Area | 52,072 SF |
| Total Land Area | 27.18 AC |
| Year Built | 1980 |
ABOUT THE PROPERTY
A 22 acre shopping centre strategically located along 108 Street (37,922 vpd) and 84 Avenue (19,188 vpd). Current tenants include Shoppers Drug Mart, Dollarama, RBC, Servus Credit Union, McDonald’s, Tim Horton’s, and Original Joe’s, among other national retailers. No Frills shadow anchors site. The site benefits from strong projected growth in the city’s southwest residential node. South 40 has a daytime population of 42,377 people (2023) within a 3 km radius of the shopping centre. There are 36,944 people (2023) that live within a 7 minute drive of the shopping centre. Site sits in close proximity to the Grande Prairie Multiplex, a 260,000 sf centre consisting of aquatics and fitness areas including: Swimming Lanes and Play Pools, Fitness Centre, Walking/Running Track, Squash & Racquetball Courts, & Field House for various sports.
NEARBY MAJOR RETAILERS
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South 40 Shopping Centre | 10712 80th Ave
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