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Highlights

  • Primary South Lethbridge commercial corridor
  • Large parking lot with ample free parking
  • Excellent tenant mix
  • Excellent access and visibility

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1
  • 1,017 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
Pending

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities
  • 1st Floor, Ste 2
  • 2,400 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
Pending

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities
  • 1st Floor, Ste 3
  • 3,024 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
June 01, 2027

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1 1,017 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 2 2,400 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD
1st Floor, Ste 3 3,024 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor, Ste 1

Size
1,017 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
Pending

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities

1st Floor, Ste 2

Size
2,400 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
Pending

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities

1st Floor, Ste 3

Size
3,024 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
Spec Suite
Availability
June 01, 2027

The subject property offers a redevelopment opportunity including a 6,441 sf pad site. The site benefits from the retail site’s high visibility, high traffic counts, excellent signage opportunities, and ample free parking. Please contact an Associate to discuss this opportunity further.

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Flexible occupancy
  • Excellent signage opportunities

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.

Property Facts

Total Space Available 6,441 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 6,441 SF
Year Built 2027
Construction Status Under Construction

About the Property

Located at the central and highly visible corner of Mayor Magrath Drive (32,600 VPD+) and Scenic Drive South (15,500 VPD+). The site is part of the busy Scenic Square shopping area and is located in the South Lethbridge retail hub. Neighbouring and nearby major retail tenants include Safeway, Walmart, Superstore, Costco, Shopper’s Drug Mart, Lowes, Home Depot, and Rona.

Attachments

Brochure
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

TD Canada Trust
Taco Time
Tony Roma's
Smitty's
Extreme Pita
Curves
Tim Hortons
Thai Express
The Keg Steakhouse + Bar
Ricky's All Day Grill
  • Listing ID: 39872061

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 2920 26 Av S, Lethbridge, AB T1K 7K8

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