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The Grand 10802-10806 124th St 804 - 2,088 SF of Space Available in Edmonton, AB T5M 0H3
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10804 | 1,284 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor, Ste 202 | 804 SF | Negotiable | $12.36 USD/SF/YR $1.03 USD/SF/MO $9,936 USD/YR $827.99 USD/MO | Triple Net (NNN) |
1st Floor, Ste 10804
• Rare opportunity to locate within The Grand on 124, a unique modern development blending attractive contemporary features with historic appeal • Two high profile main floor retail units with options starting at 1,284 sq.ft.± up to 2,622 sq.ft.± available immediately forLease o 1,338 sq.ft.± end-cap unit consisting of open showroom, fully accessible bathroom and rear storage room o 1,284 sq.ft.± interior unit consisting of open showroom and rear storage area o Total of 2,622 sq.ft.± contiguous space • Exceptional exposure to 124th Street traffic along one of the most vibrant and walkable stretches in the area o Located kitty corner to The Grand Market, a weekly public farmers market between May-October attracting thousands of visitors • Open layout with accessible bathroom suitable for a wide variety of retail or office uses
2nd Floor, Ste 202
- Rare opportunity to locate within The Grand on 124 St, a unique modern development blending attractive contemporary features with historic appeal - Two options available with varying sizes/layouts (Note: sizes listed are actual square footages with no gross up factor): - 804 sq.ft.± second floor office unit consisting of four private offices, reception area, and storage room - 888 sq.ft.± third floor corner office unit with open concept layout, wraparound windows, and exposed ceilings - High profile location with direct exposure to 124th Street traffic (exterior building signage opportunity available) - Located kitty corner to The Grand Market, a weekly public farmers market between May-October attracting thousands of visitors - Building features include elevator access, attractive common areas, on-site surface parking (1 reserved stall per unit), shared washrooms, and lobby signage - Main Floor Retail Units also available for Lease in building, contact listing agent for more information
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 7 People
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 | 2,088 SF | Gross Leasable Area | 22,443 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.6/1,000 SF |
| Total Space Available | 2,088 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,443 SF |
| Year Built | 2019 |
| Parking Ratio | 0.6/1,000 SF |
NEARBY MAJOR RETAILERS
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The Grand | 10802-10806 124th St
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