Your email has been sent.
503 Hwy-1 Hwy 4,700 SF of Retail Space Available in Strathmore, AB T1P 1C1
Sublease Highlights
- Excellent signage visibility from the Trans-Canada Highway
- Flexible lease options (equipment negotiable)
- Restaurant-designated commercial space
- Strong commuter and local customer base
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Full Service |
1st Floor
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- High Ceilings
- Drop Ceilings
- Recessed Lighting
- Emergency Lighting
- After Hours HVAC Available
- Energy Performance Rating - C
- Common Parts WC Facilities
- Yard
- Smoke Detector
- Wheelchair Accessible
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 | 4,700 SF | Gross Leasable Area | 5,988 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Service Station | Parking Ratio | 5.2/1,000 SF |
| Total Space Available | 4,700 SF |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Leasable Area | 5,988 SF |
| Year Built | 2000 |
| Parking Ratio | 5.2/1,000 SF |
About the Property
An outstanding opportunity to establish or expand your restaurant business in a highly visible and strategic Strathmore location. This 4700 sq ft well-positioned restaurant space is available for lease with or without existing equipment, offering flexibility for a turnkey operation or a customized build-out tailored to your concept. Located adjacent to a busy branded gas bar and convenience store, the property benefits from steady daily traffic and strong customer flow. Its prominent placement along the Trans-Canada Highway provides exceptional exposure to both local residents and passing motorists.
- Food Court
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Presented by
503 Hwy-1 Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.