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418 13 St N 1,528 - 3,253 SF of Retail Space Available in Lethbridge, AB T1H 2S2
HIGHLIGHTS
- Shared access with established businesses
- Central location
- Free street parking for customers
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,528 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $19,703 USD/YR $1,642 USD/MO | Triple Net (NNN) | ||
| 2nd Floor | 1,725 SF | Negotiable | $12.89 USD/SF/YR $1.07 USD/SF/MO $22,243 USD/YR $1,854 USD/MO | Triple Net (NNN) |
1st Floor
The subject property offers a unique blend of character and functionality within the historic Burgman Block. Featuring exposed brick walls, slat wood detailing, and a bright, welcoming layout, this 1,528 sf space is ideal for a variety of commercial uses. The layout offers an open concept seating area, kitchen, POS counter, two washrooms, and storage. The building is shared with The 418 Venue + Studio on the upper level and Underground Escape in the basement, with common access through the main floor entrance. This collaborative environment creates additional foot traffic and exposure for your business.
- 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 Conditioning
- Exposed brick and warm wood accents
- Lots of natural light
- Flexible open layout
2nd Floor
The subject property offers a unique blend of character and functionality within the historic Burgman Block. Featuring exposed brick walls, slat wood detailing, and a bright, welcoming layout, this 1,528 sf space is ideal for a variety of commercial uses. The layout offers an open concept seating area, kitchen, POS counter, two washrooms, and storage. The building is shared with The 418 Venue + Studio on the upper level and Underground Escape in the basement, with common access through the main floor entrance. This collaborative environment creates additional foot traffic and exposure for your business.
- 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 Conditioning
- Exposed brick and warm wood accents
- Lots of natural light
- Flexible open layout
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 | 3,253 SF | Gross Leasable Area | 4,803 SF |
| Property Type | Retail | Year Built/Renovated | 1912/2017 |
| Property Subtype | Storefront |
| Total Space Available | 3,253 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,803 SF |
| Year Built/Renovated | 1912/2017 |
ABOUT THE PROPERTY
Situated on one of North Lethbridge’s main commercial corridors, the property receives excellent exposure along 13 Street North (15,300+ VPD), with nearby tenants such as Gail’s Apothecary, Tim Hortons, No Frills, The Alteration Shoppe, The Goldworks, and Thrive Health Collective contributing to the area’s vibrant, mixed-use appeal.
NEARBY MAJOR RETAILERS
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418 13 St N
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