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College Centre Mall 2045 Mayor Magrath Dr S 1,014 - 6,164 SF of Retail Space Available in Lethbridge, AB T1K 2S2
Highlights
- Shopping centre is located in the heart of South Lethbridge with easy accessibility
- Excellent visibility along Mayor Magrath Drive South
- The property is easily accessible with great visibility, and high traffic counts along Mayor Magrath Drive.
- Close proximity to new and mature residential neighbourhoods
- College Centre is a busy retail centre located in the heart of South Lethbridge.
- The retail centre features an excellent tenant mix.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 140 | 1,014 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2025 | 5,150 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2045 Mayor Magrath Dr S - 1st Floor - Ste 140
Ideal layout for food services.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Signage
- Natural Light
- Private Restroom
2045 Mayor Magrath Dr S - 1st Floor - Ste 2025
Ideal layout for a restaurant. Possession: Negotiable
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Central Air Conditioning
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 College Centre Mall
- Tenant
- Description
- CAN Locations
- Reach
- Dr. Phone Fix
- Consumer Electronics
- 43
- National
- Marble Slab Creamery
- Ice Cream
- 132
- International
- Shoppers Drug Mart
- Drug Store
- 994
- National
- Smitty's
- Restaurant
- 186
- National
| Tenant | Description | CAN Locations | Reach |
| Dr. Phone Fix | Consumer Electronics | 43 | National |
| Marble Slab Creamery | Ice Cream | 132 | International |
| Shoppers Drug Mart | Drug Store | 994 | National |
| Smitty's | Restaurant | 186 | National |
Property Facts
| Total Space Available | 6,164 SF | Center Properties | 6 |
| Center Type | Neighborhood Center | Gross Leasable Area | 97,201 SF |
| Parking | 33 Spaces | Total Land Area | 6.42 AC |
| Stores | 25 | Year Built | 2000 |
| Total Space Available | 6,164 SF |
| Center Type | Neighborhood Center |
| Parking | 33 Spaces |
| Stores | 25 |
| Center Properties | 6 |
| Gross Leasable Area | 97,201 SF |
| Total Land Area | 6.42 AC |
| Year Built | 2000 |
About the Property
College Centre is a busy retail centre located in the heart of South Lethbridge. The property is easily accessible with great visibility, and high traffic counts along Mayor Magrath Drive (32,600 VPD+) and Scenic Drive South (19,400 VPD+). The retail centre features an excellent tenant mix including Shopper’s Drug Mart, Boston Pizza, Lethbridge Vehicle Licensing & Registry, Wow Bakery, Marble Slab, Smitty’s, TD Bank, InVision Eyecare and Pet Valu.
Nearby Major Retailers
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College Centre Mall | 2045 Mayor Magrath Dr S
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