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Leduc Common 5209 Discovery Way 6,984 - 31,248 SF of Retail Space Available in Leduc, AB T9E 8N4
HIGHLIGHTS
- The centre is located in the heart of a rapidly growing Leduc market.
- Ample surface parking at this complex.
- Outstanding exposure to the QEII Hwy
- Leduc Common is an exceptionally well-positioned retail development, anchored by Walmart, Canadian Tire, and Rona.
- Excellent site access
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,984 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 24,264 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
5407 Discovery Way - 1st Floor
This 6,984 square foot opportunity is subdivided into four units measuring 2,269 SF, 2,212 SF, 1,533 SF, and 970 SF respectively, offering flexibility for a variety of retail or service-based tenants. Positioned adjacent to Township Road Family Dental Centre and the newly opened Kids Valley Daycare, the unit benefits from consistent foot traffic and a family-oriented tenant mix. Whether leased individually or as a whole, the space is ideal for medical, personal service, or boutique retail uses.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Total area: 6,984 SF
- Located near dental and daycare services
- Zoned DC with a wide variety of permitted uses
5302 Discovery Way - 1st Floor
This expansive 24,264 square foot unit is designed for high-volume retail with a large open sales floor complemented by a designated storage and staff area. The layout offers efficient flow for merchandising and customer circulation, making it well-suited to anchor tenants, fitness operators, grocery stores, or furniture showrooms. Its prominent location adjacent to Studio 5 and near major national retailers enhances exposure and customer access, while its end-cap configuration supports strong signage opportunities on both the façade and pylon.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Total area: 24,264 SF
- Designed for anchor users with ample space
- End-cap exposure with premium signage opportunity
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 LEDUC COMMON
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Bone & Biscuit
- Pet Shop/Supplies
- 68
- National
- Divine Spine
- Health Care
- 20
- International
- Hello Mobile-Bell Authorized Dealer
- Information
- 1
- -
- LovePizza
- -
- 1
- -
- Original Joe's
- Restaurant
- 42
- Regional
- Pho Xpress LTD
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Bone & Biscuit | Pet Shop/Supplies | 68 | National |
| Divine Spine | Health Care | 20 | International |
| Hello Mobile-Bell Authorized Dealer | Information | 1 | - |
| LovePizza | - | 1 | - |
| Original Joe's | Restaurant | 42 | Regional |
| Pho Xpress LTD | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 31,248 SF | Gross Leasable Area | 524,988 SF |
| Center Type | Power Center | Total Land Area | 51.01 AC |
| Parking | 1260 Spaces | Year Built | 2000 |
| Center Properties | 20 |
| Total Space Available | 31,248 SF |
| Center Type | Power Center |
| Parking | 1260 Spaces |
| Center Properties | 20 |
| Gross Leasable Area | 524,988 SF |
| Total Land Area | 51.01 AC |
| Year Built | 2000 |
ABOUT THE PROPERTY
Leduc Common is an exceptionally well-positioned retail development, anchored by Walmart, Canadian Tire, and Rona. A handful of other major retailers including Sport Chek, Winners, and Michael’s have recently added to the draw of this major power centre.
NEARBY MAJOR RETAILERS
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Leduc Common | 5209 Discovery Way
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