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10960 42 St NE 1,600 SF of Retail Space Available in Calgary, AB T2C 5B2

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Highlights

  • Prime high-traffic location near Calgary International Airport and surrounded by active commercial and retail developments.
  • Flexible I-C zoning allowing a range of light-industrial and commercial uses in one of Northeast Calgary’s most vibrant business corridors.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 310
  • 1,600 SF
  • 22’
  • 3-5 Years
  • $20.44 USD/SF/YR $1.70 USD/SF/MO $32,710 USD/YR $2,726 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 22’
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 310 1,600 SF 22’ 3-5 Years $20.44 USD/SF/YR $1.70 USD/SF/MO $32,710 USD/YR $2,726 USD/MO Triple Net (NNN)

1st Floor, Ste 310

Size
1,600 SF
Ceiling
22’
Term
3-5 Years
Rental Rate
$20.44 USD/SF/YR $1.70 USD/SF/MO $32,710 USD/YR $2,726 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Finished Ceilings: 22’

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 1,600 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 22,000 SF
Year Built 2021

About the Property

Located in a prime, high-traffic commercial corridor just minutes from Calgary International Airport, 10960 42 St NE presents a rare turnkey opportunity to acquire a fully built-out, professionally developed commercial space designed for grocery or food-related operations. This modern I-C–zoned property features three contiguous, extensively improved units outfitted with refrigeration, shelving, display fixtures, upgraded lighting, and quality finishes—eliminating the time and cost of a full build-out. Surrounded by active retail and commercial developments, the site offers excellent visibility, strong customer flow, and convenient access, making it exceptionally well-suited for operators seeking immediate functionality in a rapidly growing northeast Calgary market.

Nearby Major Retailers

Starbucks
Scotiabank
TD Canada Trust
Anytime Fitness
  • Listing ID: 32126767

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 10960 42 St NE, Calgary, AB T2C 5B2

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