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Namao Centre 16565 97th St NW 854 SF of Retail Space Available in Edmonton, AB T5X 6A9
Highlights
- Convenient access to major roadways and surrounding residential neighborhoods.
- Established Retail Centre in the highly desirable and dense communities of Castle Downs, Eaux Claires, Klarvatten, and more.
- Excellent visibility and signage along 97th Street NW, a major Edmonton thoroughfare.
- Consistent vehicle traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 854 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located within the established Namao Centre in Edmonton, this retail property offers a prime storefront opportunity in a high-traffic commercial corridor. The space was previously a nail salon, but can support a variety of commercial uses.
- Located in-line with other retail
- Ample surface parking.
- Pylon and fascia signage.
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 Namao Centre
- Tenant
- Description
- CAN Locations
- Reach
- Marble Slab Creamery
- Ice Cream
- 122
- International
- Starbucks
- Coffee
- 2,682
- International
- Vo's Nails
- Retailer
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Marble Slab Creamery | Ice Cream | 122 | International |
| Starbucks | Coffee | 2,682 | International |
| Vo's Nails | Retailer | 1 | - |
Property Facts
| Total Space Available | 854 SF | Gross Leasable Area | 4,076 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Storefront | Parking Ratio | 3.43/1,000 SF |
| Total Space Available | 854 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,076 SF |
| Year Built | 1999 |
| Parking Ratio | 3.43/1,000 SF |
About the Property
The Eaux Claires area is characterized by a high volume of commercial properties spanning 97 Street, as well as medium density residential, single detached homes and park areas. The neighborhood is accessible from all areas of the city, with a Transit Centre and Park and Ride located on 157 Avenue that services multiple communities in north Edmonton. The major arterial of 97 Street runs north-south, connecting communities, and the Canadian Forces Base, to the downtown. This street is a retail hub with multiple large shopping centres, including grocers and national and local tenants that attract large quantities of consumers to the area.
- Signage
Nearby Major Retailers
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Namao Centre | 16565 97th St NW
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