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The Point in Okotoks 152 Southbank St 1,073 - 15,560 SF of 4-Star Retail Space Available in Okotoks, AB T0L 0A0
HIGHLIGHTS
- Serving the community of Okotoks and the greater High River area.
- Frontage on Southbank Road
- Brand new development located next to Costco.
- Units for lease or for sale
SPACE AVAILABILITY (12)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 112 | 1,104 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 116 | 1,167 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $35,391 USD/YR $2,949 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 118 | 1,335 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $40,486 USD/YR $3,374 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 120 | 2,859 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $86,705 USD/YR $7,225 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 122 | 1,335 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $40,486 USD/YR $3,374 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 124 | 1,167 SF | 1 Year | $30.33 USD/SF/YR $2.53 USD/SF/MO $35,391 USD/YR $2,949 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 128 | 1,104 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 130 | 1,104 SF | Negotiable | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 132 | 1,104 SF | 1 Year | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 134 | 1,104 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 136 | 1,104 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $33,481 USD/YR $2,790 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 138 | 1,073 SF | 1-10 Years | $30.33 USD/SF/YR $2.53 USD/SF/MO $32,541 USD/YR $2,712 USD/MO | Triple Net (NNN) |
1st Floor, Ste 112
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 116
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 118
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 120
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 122
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 124
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 128
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 130
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 132
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 134
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 136
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample Parking
1st Floor, Ste 138
Brand new retail space for lease and sale. Across from Costco.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 15,560 SF of adjacent space
- Central Air and Heating
- Natural Light
- Signage
- Ample 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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 15,560 SF | Gross Leasable Area | 23,659 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront | Parking Ratio | 2.37/1,000 SF |
| Total Space Available | 15,560 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 23,659 SF |
| Year Built | 2024 |
| Parking Ratio | 2.37/1,000 SF |
ABOUT THE PROPERTY
Introducing The Point in Okotoks, a premier new retail development at 152 Southbank St in Aldersyde, Alberta—situated immediately next to Costco, offering exceptional visibility and traffic. This state-of-the-art project is designed for versatile use, with mezzanine levels available and a land-use classification covering everything from boutique retail and food franchises to health-and-wellness services and light industrial. Spaces range from ~1,100 sq ft up to ~2,859 sq ft. Ideal for franchise or independent operators seeking a high-profile location in the growing Okotoks/High River market.
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Security System
- Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
CONTACTS
-
Mahmud Rahman -
Randy Wiens -
Peter Seto -
Blackstone Commercial Real Estate Services Inc.
Presented by
The Point in Okotoks | 152 Southbank St
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