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EPC SPRUCE VILLAGE CENTRE 5 Spruce Village Way 1,415 SF of Office/Retail Space Available in Spruce Grove, AB T7X 0B2
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 140 | 1,415 SF | 5 Years | $21.51 USD/SF/YR $1.79 USD/SF/MO $30,443 USD/YR $2,537 USD/MO | Full Service |
1st Floor, Ste 140
Excellent opportunity to assume a well-located retail lease in Spruce Village Centre, one of Spruce Grove's busiest commercial developments. This 1,415-square-foot unit offers excellent exposure within a high-traffic retail plaza surrounded by established residential neighborhoods, schools, shopping, and major commuter routes. The premises feature a functional commercial layout suitable for a variety of retail, service, or food-related uses (subject to landlord approval), with ample on-site parking and strong visibility within the centre. Lease Details: • Premises Size: 1,415 square feet • Lease Expiry: June 30, 2028 • Base Rent (July 2026 – June 2027): $3,537.50/month plus GST ($30.00/sq. ft.) • Base Rent (July 2027 – June 2028): $3,655.42/month plus GST ($31.00/sq. ft.) • Estimated 2026 Operating Costs & Property Taxes: $1,343.98/month plus GST ($11.40/sq. ft.) • Current Total Monthly Rent: $4,881.48/month plus GST ($5,125.55 including GST) Spruce Grove continues to be one of the fastest-growing communities in the Edmonton region, with strong residential growth, increasing commercial development, and a growing consumer base. The property's strategic location provides convenient access for both local residents and commuters traveling between Spruce Grove and Edmonton. This is an ideal opportunity for a business seeking a turnkey commercial location without the need to negotiate a new lease, allowing for a streamlined transition into a highly desirable retail centre.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
- 1 Private Office
- Space is in Excellent Condition
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 EPC SPRUCE VILLAGE CENTRE
- Tenant
- Description
- CAN Locations
- Reach
- Bright Horizons
- Daycare
- 4
- International
- Domino’s
- Pizza
- 834
- International
- Donair Lab
- -
- -
- -
- Naturopathic Clinic
- -
- -
- -
- Seeds of Hope Psychological Services
- Health Care and Social Assistance
- 1
- -
- Strut Hair and Art
- Salon/Barber/Spa
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| Bright Horizons | Daycare | 4 | International |
| Domino’s | Pizza | 834 | International |
| Donair Lab | - | - | - |
| Naturopathic Clinic | - | - | - |
| Seeds of Hope Psychological Services | Health Care and Social Assistance | 1 | - |
| Strut Hair and Art | Salon/Barber/Spa | 1 | Local |
Property Facts
| Total Space Available | 1,415 SF | Gross Leasable Area | 22,320 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Storefront |
| Total Space Available | 1,415 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 22,320 SF |
| Year Built | 2017 |
About the Property
Located in the heart of Spruce Grove's thriving commercial corridor, Spruce Village Centre offers businesses an exceptional opportunity to establish themselves within one of the city's most active retail destinations. Situated at 5 Spruce Village Way, this professionally managed retail centre benefits from strong visibility, convenient access, and a strategic location surrounded by rapidly expanding residential communities. The centre serves a growing population and is positioned near schools, shopping, recreation facilities, and major commuter routes connecting Spruce Grove to Edmonton. With ample on-site parking and a diverse mix of retail, service, and food tenants, Spruce Village Centre attracts consistent daily traffic from local residents, families, and commuters alike. Property Highlights: • Prime location within a high-traffic retail centre • Excellent exposure along Spruce Village Way • Ample customer parking • Surrounded by established and expanding residential neighbourhoods • Convenient access to Highway 16A and Jennifer Heil Way • Strong daytime and evening consumer traffic • Professionally maintained commercial property • Located in one of Alberta's fastest-growing communities Spruce Grove continues to experience significant residential and commercial growth, making Spruce Village Centre an attractive destination for businesses seeking visibility, accessibility, and long-term growth potential in the Edmonton Metropolitan Region.
Nearby Major Retailers
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EPC SPRUCE VILLAGE CENTRE | 5 Spruce Village Way
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