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Royal Centre Petrolia 11411 40th Ave 2,240 SF of Retail Space Available in Edmonton, AB T6J 0R4
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11409 | 2,240 SF | 5 Years | $15.89 USD/SF/YR $1.32 USD/SF/MO $35,594 USD/YR $2,966 USD/MO | Triple Net (NNN) |
1st Floor, Ste 11409
This 2,240 SF inline space, formerly occupied by Good Stock, offers a strong leasing opportunity within one of Southwest Edmonton’s most established daily-needs retail nodes. Positioned in the heart of Greenfield, the centre is surrounded by mature, family-oriented communities with above-average household incomes and stable long-term residency. Anchored by No Frills and Dollarama, the site captures consistent traffic from Greenfield, Royal Gardens, Aspen Gardens, and Lansdowne. The area benefits from high residential density, strong school catchments, and convenient access via 111 Street and Whitemud Drive, making it a strategic location for operators seeking reliable neighbourhood demand. Ideal for food, medical, wellness, and service-based tenants looking to establish or expand their presence in a proven trade area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- High End Trophy Space
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 ROYAL CENTRE PETROLIA
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- ABC Child Development Centre
- -
- 1
- -
- Dollarama
- Dollar/Variety/Thrift
- 2,298
- National
- Gardenia Family Dental Clinic
- -
- 1
- -
- Good Stock Restaurant & Catering
- Donut Shop
- 1
- -
- Petrolia Liquor Store
- Retailer
- 1
- Local
- Petrolia Medical Centre
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| ABC Child Development Centre | - | 1 | - |
| Dollarama | Dollar/Variety/Thrift | 2,298 | National |
| Gardenia Family Dental Clinic | - | 1 | - |
| Good Stock Restaurant & Catering | Donut Shop | 1 | - |
| Petrolia Liquor Store | Retailer | 1 | Local |
| Petrolia Medical Centre | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,240 SF | Gross Leasable Area | 49,500 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Storefront | Parking Ratio | 4.06/1,000 SF |
| Total Space Available | 2,240 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 49,500 SF |
| Year Built | 1967 |
| Parking Ratio | 4.06/1,000 SF |
ABOUT THE PROPERTY
Royal Centre Petrolia is a well-established, grocery-anchored neighbourhood shopping centre serving the highly desirable communities of Greenfield, Royal Gardens, Aspen Gardens, and Lansdowne in Southwest Edmonton. Anchored by No Frills and Dollarama, the centre benefits from consistent daily-needs traffic and strong customer loyalty from surrounding mature residential neighbourhoods. Positioned along 40 Avenue with quick access to 111 Street and Whitemud Drive, the property offers excellent visibility, convenient site circulation, and abundant surface parking. The trade area is characterized by above-average household incomes, stable long-term demographics, and proximity to schools, parks, and community amenities—making it an ideal location for essential services, food operators, medical users, and neighbourhood retail. Royal Centre Petrolia features a diverse mix of tenants that support everyday community needs and attract steady foot traffic throughout the week. This is a proven retail node with limited surrounding competition, offering operators a rare opportunity to secure space in a high-performing, established market.
- Pylon Sign
- Restaurant
NEARBY MAJOR RETAILERS
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Royal Centre Petrolia | 11411 40th Ave
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