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Restaurant Space 388 St Albert Trl 5,973 SF of Retail Space Available in St. Albert, AB T8N 5S8
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,973 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Discover this exceptional 5,973 sq. ft. fully equipped restaurant space located directly on St. Albert Trail—the busiest road in St. Albert. This high-visibility location offers unmatched exposure, surrounded by thriving commercial centers and established residential neighborhoods. The space is completely turn-key and ready for immediate operation, featuring a full commercial kitchen with fryers, grills, flat tops, pizza oven, ice machine, walk-in cooler and freezer, and all existing kitchen equipment and supplies. The spacious dining area boasts a modern rustic design, complemented by an outdoor patio for seasonal dining. Ample on-site parking is available for staff and guests. This rare opportunity combines ideal size, full equipment, and unbeatable location—perfect for experienced restaurateurs or ambitious new operators.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Freezer Space
- Smoke Detector
- Prime location on St. Albert Trail
- Fully equipped commercial kitchen
- Walk-in cooler & freezer included
- Turn-key space, ready to operate
- Modern rustic dining area + patio
- Ample on-site parking 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 | 5,973 SF | Year Built | 1980 |
| Property Type | Retail | Parking Ratio | 5.59/1,000 SF |
| Gross Leasable Area | 14,309 SF |
| Total Space Available | 5,973 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,309 SF |
| Year Built | 1980 |
| Parking Ratio | 5.59/1,000 SF |
ABOUT THE PROPERTY
The property is a retail storefront building located on St. Albert Trail, a high traffic arterial route. The building was constructed circa 1990 and has about 14,309 square feet of gross leasable area. It enjoys strong exposure to the road, good on-site parking, and signage opportunities. Part of the space has recently been available “build to suit,” targeting uses such as daycare, quick service restaurant, or automotive service (oil change / tire), with up to 7,000 sq ft in some configurations. There is also a fully-fixtured restaurant/pub space of about 5,600 sq ft formerly in use, including walk-in cooler and freezer, as well as restroom and patio amenities. The zoning is “Commercial Corridor” (CC), which allows a variety of commercial uses. The property is available immediately. Lease rates for the restaurant/pub space were indicated at about $34/sq ft, with operating costs in the ballpark of $16/sq ft.
NEARBY MAJOR RETAILERS
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Restaurant Space | 388 St Albert Trl
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