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498 41 St S 1,145 - 4,913 SF of Retail Space Available in Lethbridge, AB T1J 4M1
HIGHLIGHTS
- Excellent location with easy access via 2nd Avenue South, 43rd Street South, Highway 3, and WT Hill Boulevard.
- Quality neighbouring tenants include Fix Auto, KPC, Co-op Gas Bar, Tim Hortons, BCB Engineering, Tranquility Float Centre and Farm Credit Canada.
- On-site, shared parking lot.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,145-4,913 SF | Negotiable | $17.53 USD/SF/YR $1.46 USD/SF/MO $86,143 USD/YR $7,179 USD/MO | Triple Net (NNN) |
1st Floor
Multi-tenant property with flexible unit sizes. CRU’s are built to shell and can be customized to best suit tenant.
- 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
- Building & pylon signage
- Build to Shell
- Surface Parking
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 4,913 SF | Property Subtype | Storefront |
| Min. Divisible | 1,145 SF | Gross Leasable Area | 4,913 SF |
| Property Type | Retail | Year Built | 2024 |
| Total Space Available | 4,913 SF |
| Min. Divisible | 1,145 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,913 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
Excellent location with easy access via 2nd Avenue South, 43rd Street South, Highway 3, and WT Hill Boulevard.
NEARBY MAJOR RETAILERS
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498 41 St S
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