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15505-15531 118th Ave 1,202 - 2,958 SF of Space Available in Edmonton, AB T5V 1C5
HIGHLIGHTS
- On-Site Parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15515 | 1,756 SF | 5 Years | $13.05 USD/SF/YR $1.09 USD/SF/MO $22,922 USD/YR $1,910 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 15525 | 1,202 SF | 5-10 Years | $13.05 USD/SF/YR $1.09 USD/SF/MO $15,690 USD/YR $1,308 USD/MO | Triple Net (NNN) |
1st Floor, Ste 15515
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 15525
The Retail Centre is located on the corner of 156th Street and 118 Avenue. Situated in one of the most populated industrial areas in Edmonton. The Retail Centre has direct exposure to 118 Avenue and 156 Street. Whether the business is retail, hospitality, or office space this property will provide you with an excellent location.
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 10 People
- On-Site Parking
- Tenant Improvement Packages Negotiable
- Exposure to 118 Avenue and 156 Street
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
SELECT TENANTS AT 15505-15531 118TH AVE, EDMONTON, AB T5V 1C5
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Froggers House Of Cards
- -
- 1
- -
- Garside Liqour
- Retailer
- 1
- -
- Kibbles & Biscuits
- -
- 1
- -
- Royal Spa Nails & Lashes
- -
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Froggers House Of Cards | - | 1 | - |
| Garside Liqour | Retailer | 1 | - |
| Kibbles & Biscuits | - | 1 | - |
| Royal Spa Nails & Lashes | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,958 SF | Total Land Area | 2.03 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.21/1,000 SF |
| Gross Leasable Area | 15,599 SF |
| Total Space Available | 2,958 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,599 SF |
| Total Land Area | 2.03 AC |
| Year Built | 1988 |
| Parking Ratio | 3.21/1,000 SF |
ABOUT THE PROPERTY
The Retail Centre is located on the corner of 156 th Street and 118 Avenue. Situated in one of the most populated industrial areas in Edmonton. The Retail Centre has direct exposure to 118 Avenue and 156 Street. Whether your business is retail, hospitality, or office space this property will provide you with an excellent location.
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Smoke Detector
NEARBY MAJOR RETAILERS
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15505-15531 118th Ave
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