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Morden Retail Development 316 Loren Dr 1,200 - 32,000 SF of Retail Space Available in Morden, MB R6M 0C9
Highlights
- Grocery-anchored retail center with a No Frills store serving the east side of the city.
- Quality new construction with build-to-suit opportunities for multiple retail categories.
- Located in a growing market with significant residential and commercial development nearby.
- Convenient access points from major arterials, including Loren Drive and La Verendrye Road.
- Pylon and building signage available for enhanced tenant visibility.
Space Availability (15)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,000 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $70,311 USD/YR $5,859 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU1 | 4,000 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $28,124 USD/YR $2,344 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU1 | 2,100 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $14,765 USD/YR $1,230 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU1 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU10 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU11 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU12 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU2 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU3 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU4 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU6 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU7 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU8 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CRU9 | 1,200 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $8,437 USD/YR $703.11 USD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste CStore | 2,700 SF | Negotiable | $7.03 USD/SF/YR $0.59 USD/SF/MO $18,984 USD/YR $1,582 USD/MO | Triple Net (NNN) |
400 Loren Dr - 1st Floor
- Lease rate does not include utilities, property expenses or building services
400 Loren Dr - 1st Floor - Ste CRU1
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
316 Loren Dr - 1st Floor - Ste CRU1
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
316 Loren Dr - 1st Floor - Ste CRU1
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
316 Loren Dr - 1st Floor - Ste CRU10
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU11
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU12
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU2
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU3
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU4
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU6
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU7
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU8
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CRU9
- Lease rate does not include utilities, property expenses or building services
316 Loren Dr - 1st Floor - Ste CStore
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
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 | 32,000 SF | Center Properties | 5 |
| Center Type | Community Center | Gross Leasable Area | 39,200 SF |
| Stores | 0 | Year Built | 2027 |
| Total Space Available | 32,000 SF |
| Center Type | Community Center |
| Stores | 0 |
| Center Properties | 5 |
| Gross Leasable Area | 39,200 SF |
| Year Built | 2027 |
About the Property
The property encompasses approximately 7.38 acres located along Loren Drive in Morden, Manitoba, within the Commercial Highway zoning district. It offers direct exposure and access to Provincial Trunk Highway 3 and proximity to Victoria Street, a major thoroughfare linking regional destinations. Infrastructure improvements include ingress and egress points from adjacent streets supporting vehicular traffic circulation. The surrounding area consists of both newly constructed residential subdivisions and designated parcels for future commercial and industrial growth. Planned grocery use by a national retailer will provide an anchor presence for the site.
Nearby Major Retailers
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Morden Retail Development | 316 Loren Dr
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