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Village Green Centre 4900 27th St 1,055 - 8,956 SF of Retail Space Available in Vernon, BC V1T 7G7
HIGHLIGHTS
- Locatd in the Northern region of the Okanagan Valley on the northwest corner of 48th Avenue and 27th Street, a main commermerical artery.
- Average household income in the area exceeds $93,000.
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 30 | 1,314 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 320 | 2,491 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 390 | 1,978 SF | 1 Year | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 40 | 1,055 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 760 | 1,059 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 760 | 1,059 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 30
1st Floor, Ste 320
1st Floor, Ste 390
Village Green forms a part of regular day-to-day activities for the residents of Vernon and acts as a popular weekend shopping destination for visitors and neighbouring residents through its ideal location, easy access and parking and established tenant mix accommodating adults and youth alike.
- 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
- Private Restrooms
- Transit exchange located near parking.
- Over 2.7 million shoppers per year.
- 66 shops and services in Village Green.
1st Floor, Ste 40
1st Floor, Ste 760
1st Floor, Ste 760
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 | 8,956 SF | Gross Leasable Area | 364,474 SF |
| Property Type | Retail | Year Built | 1975 |
| Total Space Available | 8,956 SF |
| Property Type | Retail |
| Gross Leasable Area | 364,474 SF |
| Year Built | 1975 |
ABOUT THE PROPERTY
The Village Green Shopping Centre is located in the beautiful Okanagan Valley of British Columbia. The Shopping Centre is strategically located at the intersection of 27th Street and 48th Avenue. 48th Avenue is an arterial road leading to Highway 97 which is the major north-south route in the BC Interior. Village Green Shopping Centre is the premier shopping destination in the scenic North Okanagan Valley. Featuring over 60 shops and services, including Hudson's Bay, Winners, Save-On-Foods, Sport Chek and Canadian Tire. Village Green Shopping Centre; Always a Reason.
NEARBY MAJOR RETAILERS
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Village Green Centre | 4900 27th St
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