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3420 S Fairway Plaza Rd 1,536 - 3,383 SF of 4-Star Retail Space Available in Lethbridge, AB T1K 6Z2
Highlights
- Highly desirable location offering easy access from 24th Avenue South and Mayor Magrath Drive
- Ample on-site shared parking planned
- Traffic counts exceeding 29,400 VPD+ on Mayor Magrath Drive and 10,700 VPD+ on 24th Avenue South
- Excellent neighbouring tenant mix, including: McDonald’s, Canadian Tire, Safeway, Ricky’s All Day Grill, Booster Juice, Shopper’s Drug Mart
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2010 | 1,536-3,383 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor, Ste 2010
Avison Young is pleased to present a rare opportunity to acquire build to suit space in a desirable south Lethbridge development. Quality site tenants include KPMG, Monroe Salon Studios, Rocky Mountain Endodontics & Microsurgery, Peak Prosthodontics, and Wellington-Atlus Wealth.
- Located in-line with other retail
- Central Air Conditioning
- Building and pylon signage available
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 | 3,383 SF | Property Subtype | Storefront |
| Min. Divisible | 1,536 SF | Gross Leasable Area | 24,523 SF |
| Property Type | Retail | Year Built | 2024 |
| Total Space Available | 3,383 SF |
| Min. Divisible | 1,536 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 24,523 SF |
| Year Built | 2024 |
About the Property
The location is in close proximity to major retailers and new and mature residential neighbourhoods. South Lethbridge is well established and home to 32 % of the City of Lethbridge’s population (32,558 people). There are two actively developing communities nearby - Prairie Arbour Estates and Southbrook. This location is well-positioned to benefit from that growth.
Nearby Major Retailers
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3420 S Fairway Plaza Rd
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