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Highlights

  • High exposure of 19,000 VPD
  • Close proximity to routes such as Ellerslie Road, Calgary Trail and Anthony Henday

Space Availability (5)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 369
  • 1,244 SF
  • Negotiable
  • $28.97 USD/SF/YR $2.41 USD/SF/MO $36,035 USD/YR $3,003 USD/MO
  • Triple Net (NNN)
321 Parsons Rd SW - 1st Floor - Ste 369
Space Use
Retail
Build-Out
Shell Space
Availability
Now

This end-unit commercial space features an open floor plan suitable for customized tenant improvements. The layout can accommodate retail, office, medical, or service-oriented operations and allows flexibility for reception, customer-facing, and work areas.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common
  • 1st Floor, Ste 371
  • 1,160 SF
  • Negotiable
  • $28.97 USD/SF/YR $2.41 USD/SF/MO $33,602 USD/YR $2,800 USD/MO
  • Triple Net (NNN)
321 Parsons Rd SW - 1st Floor - Ste 371
Space Use
Retail
Build-Out
Shell Space
Availability
Now

The space provides an efficient commercial layout suitable for a variety of business configurations. Interior planning can support private offices, treatment rooms, meeting areas, or open customer service environments.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common
  • 1st Floor, Ste 373
  • 1,430 SF
  • Negotiable
  • $28.97 USD/SF/YR $2.41 USD/SF/MO $41,423 USD/YR $3,452 USD/MO
  • Triple Net (NNN)
321 Parsons Rd SW - 1st Floor - Ste 373
Space Use
Retail
Build-Out
Shell Space
Availability
Now

This commercial unit offers a flexible footprint for customized buildout. The layout can accommodate a combination of reception, collaborative workspace, private rooms, and operational support areas.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common
  • 1st Floor, Ste 375
  • 1,488 SF
  • Negotiable
  • $28.97 USD/SF/YR $2.41 USD/SF/MO $43,103 USD/YR $3,592 USD/MO
  • Triple Net (NNN)
321 Parsons Rd SW - 1st Floor - Ste 375
Space Use
Retail
Build-Out
Shell Space
Availability
Now

The unit provides a modern shell configuration designed for tenant-specific improvements. The space can support a range of commercial layouts including customer-facing, professional services, and healthcare-oriented uses.

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Newly constructed commercial condo
  • Located near South Edmonton Common
  • 1st Floor, Ste 383
  • 1,399 SF
  • Negotiable
  • $28.97 USD/SF/YR $2.41 USD/SF/MO $40,525 USD/YR $3,377 USD/MO
  • Triple Net (NNN)
321 Parsons Rd SW - 1st Floor - Ste 383
Space Use
Retail
Build-Out
Spec Suite
Availability
November 01, 2027

Parsons Square is a brand new commercial retail development situated on Parsons Road SW. This site would be ideal for retail, restaurant, medical and office user looking for a customized space to suit their needs.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • New construction
Space Size Term Rental Rate Rent Type
1st Floor, Ste 369 1,244 SF Negotiable $28.97 USD/SF/YR $2.41 USD/SF/MO $36,035 USD/YR $3,003 USD/MO Triple Net (NNN)
1st Floor, Ste 371 1,160 SF Negotiable $28.97 USD/SF/YR $2.41 USD/SF/MO $33,602 USD/YR $2,800 USD/MO Triple Net (NNN)
1st Floor, Ste 373 1,430 SF Negotiable $28.97 USD/SF/YR $2.41 USD/SF/MO $41,423 USD/YR $3,452 USD/MO Triple Net (NNN)
1st Floor, Ste 375 1,488 SF Negotiable $28.97 USD/SF/YR $2.41 USD/SF/MO $43,103 USD/YR $3,592 USD/MO Triple Net (NNN)
1st Floor, Ste 383 1,399 SF Negotiable $28.97 USD/SF/YR $2.41 USD/SF/MO $40,525 USD/YR $3,377 USD/MO Triple Net (NNN)

321 Parsons Rd SW - 1st Floor - Ste 369

Size
1,244 SF
Term
Negotiable
Rental Rate
$28.97 USD/SF/YR $2.41 USD/SF/MO $36,035 USD/YR $3,003 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

This end-unit commercial space features an open floor plan suitable for customized tenant improvements. The layout can accommodate retail, office, medical, or service-oriented operations and allows flexibility for reception, customer-facing, and work areas.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common

321 Parsons Rd SW - 1st Floor - Ste 371

Size
1,160 SF
Term
Negotiable
Rental Rate
$28.97 USD/SF/YR $2.41 USD/SF/MO $33,602 USD/YR $2,800 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

The space provides an efficient commercial layout suitable for a variety of business configurations. Interior planning can support private offices, treatment rooms, meeting areas, or open customer service environments.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common

321 Parsons Rd SW - 1st Floor - Ste 373

Size
1,430 SF
Term
Negotiable
Rental Rate
$28.97 USD/SF/YR $2.41 USD/SF/MO $41,423 USD/YR $3,452 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

This commercial unit offers a flexible footprint for customized buildout. The layout can accommodate a combination of reception, collaborative workspace, private rooms, and operational support areas.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Newly constructed commercial condo
  • Located near South Edmonton Common

321 Parsons Rd SW - 1st Floor - Ste 375

Size
1,488 SF
Term
Negotiable
Rental Rate
$28.97 USD/SF/YR $2.41 USD/SF/MO $43,103 USD/YR $3,592 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

The unit provides a modern shell configuration designed for tenant-specific improvements. The space can support a range of commercial layouts including customer-facing, professional services, and healthcare-oriented uses.

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Newly constructed commercial condo
  • Located near South Edmonton Common

321 Parsons Rd SW - 1st Floor - Ste 383

Size
1,399 SF
Term
Negotiable
Rental Rate
$28.97 USD/SF/YR $2.41 USD/SF/MO $40,525 USD/YR $3,377 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Spec Suite
Availability
November 01, 2027

Parsons Square is a brand new commercial retail development situated on Parsons Road SW. This site would be ideal for retail, restaurant, medical and office user looking for a customized space to suit their needs.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • New construction

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 6,721 SF
Center Type Strip Center
Parking 145 Spaces
Center Properties 5
Gross Leasable Area 49,868 SF
Total Land Area 5.77 AC
Year Built 2026

About the Property

Parsons Square is a brand new commercial retail development situated on Parsons Road SW. This site would be ideal for retail, restaurant, medical and office user looking for a customized space to suit their needs. This location provides high exposure of 19,000 VPD. Located near South Edmonton Common, Ellerslie and Summerside neighborhood. Parson’s Square will become the newest commercial retail hub of SW Edmonton. Close proximity to routes such as Ellerslie Road, Calgary Trail and Anthony Henday.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Original Joe's
Snap Fitness 24/7
Tim Hortons
TD Canada Trust
Mucho Burrito
Save-On-Foods
Scotiabank
CIBC
My Gym
Curves
  • Listing ID: 24285444

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 321 Parsons Rd SW, Edmonton, AB T6X 0W6

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