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5239 53rd Ave 5,500 SF of Retail Space Available in Red Deer, AB T4N 5K1
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 3 | 5,500 SF | 19’ - 26’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 3
Property features include high ceilings, security system, dock loading with dedicated receiving area, excellent signage opportunities along with 100 dedicated parking stalls. Excellent signage opportunities
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- 1 Loading Dock
- Finished Ceilings: 19’ - 26’
- Fully Sprinklered.
- 100 Dedicated Paved Parking Stalls.
- Dock Loading with Receiving Area.
- 19’ clear to 26’ clear to roof deck.
- Excellent signage opportunities.
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 | 5,500 SF | Gross Leasable Area | 54,500 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Freestanding | Parking Ratio | 1.83/1,000 SF |
| Total Space Available | 5,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 54,500 SF |
| Year Built | 1967 |
| Parking Ratio | 1.83/1,000 SF |
About the Property
Excellent opportunity to lease a well-located end unit in the heart of Red Deer. Property features include high ceilings, security system, dock loading with dedicated receiving area, excellent signage opportunities along with 100 dedicated parking stalls. Due to the parking allocation this space could work well for places of worship or assembly, merchandise sales, commercial recreation facility, health and medical services and much more. Existing build out includes 1 office, two bathrooms and a lunchroom. This space is ready for immediate fixturing.
Nearby Major Retailers
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5239 53rd Ave
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