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355 2nd Ave 5,200 SF of Retail Space Available in Saskatoon, SK S7K 1L2
HIGHLIGHTS
- The River Centre Promenade is located in the bustling Downtown Business and entertainment district of Saskatoon.
- This area is frequented by both locals and tourists, providing a steady stream of vehicle and foot traffic.
- 2nd Avenue S is a primary street that serves to connect the centre of downtown towards the beautiful Meewasin Trail and South Saskatchewan River.
- Multiple demising options
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,200 SF | Negotiable | $14.60 USD/SF/YR $1.22 USD/SF/MO $75,941 USD/YR $6,328 USD/MO | Triple Net (NNN) |
1st Floor
The subject property is available immediately and can be demised to accommodate various sizing requirements. The space is connected to Scotiabank Cineplex Cinema and is a short walk away from both Midtown Plaza and River Landing.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Basement
- Ample Surface Parking
- Natural Light
- Attached to Movie Theatre
- 4 demising options 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 | 5,200 SF | Gross Leasable Area | 77,765 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Movie Theater |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Movie Theater |
| Gross Leasable Area | 77,765 SF |
| Year Built | 2000 |
ABOUT THE PROPERTY
The B6 - Downtown Commercial District zoning allows for a wide range of tenant uses. The River Centre Promenade is located in the bustling Downtown Business and entertainment district of Saskatoon. 2nd Avenue S is a primary street that serves to connect the centre of downtown towards the beautiful Meewasin Trail and South Saskatchewan River. This area is frequented by both locals and tourists, providing a steady stream of vehicle and foot traffic.
NEARBY MAJOR RETAILERS
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355 2nd Ave
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