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40A Elizabeth St 1,121 SF of Retail Space Available in Okotoks, AB T1S 1J8
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,121 SF | Negotiable | $18.29 USD/SF/YR $1.52 USD/SF/MO $20,498 USD/YR $1,708 USD/MO | Triple Net (NNN) |
1st Floor
Great retail space in a fabulous location in downtown Okotoks. This 1121 sq ft space has tiled flooring, lots of natural light from the south facing windows and both street parking and a parking lot for the building making it easy for your customers. Downtown Okotoks has a variety of events going on throughout the year which means a lot of foot traffic too. Lease rate is $25 per square foot and op costs for 2025 are $13.69 per square foot which includes heat, water, sewer and electric. Please note the 3D tour shows the space as it was, the front room has been removed and the ceiling is open ready for your ideas! (30761481)
- Lease rate does not include utilities, property expenses or building services
- Old Nail Spa
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.
Select Tenants at 40A Elizabeth St, Okotoks, AB T1S 1J8
- Tenant
- Description
- CAN Locations
- Reach
- Burn The Floor Danceworks
- Retailer
- 1
- -
- Edward Jones
- Finance Company
- 595
- International
- Essential Dentistry
- -
- 1
- -
- ESSO
- Gasoline Station
- 3,082
- International
- Okotoks Chiropractic & Massage
- -
- 1
- -
- The Naughty Great
- -
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Burn The Floor Danceworks | Retailer | 1 | - |
| Edward Jones | Finance Company | 595 | International |
| Essential Dentistry | - | 1 | - |
| ESSO | Gasoline Station | 3,082 | International |
| Okotoks Chiropractic & Massage | - | 1 | - |
| The Naughty Great | - | 1 | - |
Property Facts
| Total Space Available | 1,121 SF | Year Built | 1983 |
| Property Type | Retail | Parking Ratio | 0.66/1,000 SF |
| Gross Leasable Area | 22,519 SF |
| Total Space Available | 1,121 SF |
| Property Type | Retail |
| Gross Leasable Area | 22,519 SF |
| Year Built | 1983 |
| Parking Ratio | 0.66/1,000 SF |
Features and Amenities
- Restaurant
- Signage
- Smoke Detector
Nearby Major Retailers
Presented by
40A Elizabeth St
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