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3405 2 Av S 13,523 SF of Retail Space Available in Lethbridge, AB T1J 4V1
HIGHLIGHTS
- The nearby area is supported by quality businesses such as Rocky Mountain Equipment, Davis GMC Buick, Roofmart, Sunbelt Rentals, Volkswagen Lethbridge
- Strategically positioned on the lot to maximize site usage
- Lethbridge itself has a current population of 111,400 and is the center of a trade area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,523 SF | Negotiable | $16.09 USD/SF/YR $1.34 USD/SF/MO $217,559 USD/YR $18,130 USD/MO | Triple Net (NNN) |
1st Floor
deal for automotive use, this large-format commercial property offers a move-in-ready facility for an automotive service center, parts supplier, or dealership. Operating as a Honda dealership since day one, the building features a modern, nicely finished showroom and sales offices totaling approximately 5,070 sf, complete with a customer lounge, parts counter, and waiting area. A small mezzanine adds another 967 sf of finished space, including two offices and staff room. The property features a 7,486 sf automotive service shop equipped with approximately eight vehicle hoists, floor drains throughout, and a dedicated wash/detailing area that can accommodate two to three vehicles. The shop also includes two overhead doors - a 12’ x 12’ at the back and a 10’ x 10’ on the side - with 18’ ceiling heights. Strategically positioned on the lot to maximize site usage, the fully paved property includes proper drainage and offers excellent accessibility, making it ideal for a range of operations. Well maintained throughout, this facility presents a rare opportunity for automotive businesses to lease a turnkey space in a desirable location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Central Air Conditioning
- Approved automotive use
- Large, fully paved lot
- 18' ceilings
- 7,486 sf service centre with 8 vehicle hoists
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 | 13,523 SF | Gross Leasable Area | 13,523 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Auto Dealership |
| Total Space Available | 13,523 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 13,523 SF |
| Year Built | 2005 |
ABOUT THE PROPERTY
This rare standalone commercial property offers easy access and great visibility along Crowsnest Trail (Highway AB-3). Situated in the heart of the Lethbridge Auto Mall, the property benefits from strong co-tenancy within a 1-kilometre radius. This corner lot is a massive, fully paved 1.5-acres with dual points of access from both 2 Avenue South and 34 Street South.
NEARBY MAJOR RETAILERS
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3405 2 Av S
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