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MediSpa Business For Sale with Sub-Lease 7106-7108 109 St NW 885 SF of Retail Space Available in Edmonton, AB T6G 1B8
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201 | 885 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2nd Floor, Ste 201
A fantastic opportunity for a small entrepreneur to own a skin therapy business at a reasonable price in the heart of Park Allen. The second-floor location has an abundance of natural light in South Central Edmonton and is currently on a sub-lease.
- Sublease space available from current tenant
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 | 885 SF | Gross Leasable Area | 6,924 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.3/1,000 SF |
| Total Space Available | 885 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,924 SF |
| Year Built | 1990 |
| Parking Ratio | 2.3/1,000 SF |
About the Property
THE OPPORTUNITY A fantastic opportunity for a small entrepreneur to own a skin therapy business at a reasonable price in the heart of Park Allen. The second floor location has an abundance of natural light in South Central Edmonton. The laser and skincare business was established in 2007 and incorporated the laser facial option since 2015. The owner has a large following of approximately 1500 customers. The main services offered include: IPL services of Photo and Skin Rejuvenation, and Laser Hair Removal, Refreshing and Correcting Facials, Hydro-Microdermabrasion, Signature Hydro Facial, Dermaplaning, Dermaroller® Microneedling, Pigmentation & Discoloration Removal and Skincare Consultation. There is only one laser practitioner working full time in the main room, full laundry/wet sink room, coffee/lunch area plus storage. Free parking for customers. POTENTIAL TO EXPAND There is an area in the space for up to 2 more facial, laser, injectionists, lash & brow or permanent make-up practitioners in the same location though hair & nails are EXCLUDED from the City of Edmonton business license.
Nearby Major Retailers
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MediSpa Business For Sale with Sub-Lease | 7106-7108 109 St NW
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