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Markets at Easton Pioneer Rd 10 - 58,350 SF of Retail Space Available in Spruce Grove, AB
HIGHLIGHTS
- Spruce Grove’s garners has an estimated inflow of approximately $74.3 million in Convenience
- Spruce Grove is a market of 39,348 (2021)
- Features traffic counts as high as 30,000 vehicles per day
SPACE AVAILABILITY (8)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,250 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $61,250 USD/YR $5,104 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 9,600 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $261,333 USD/YR $21,778 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 10,400 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $283,111 USD/YR $23,593 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 8,400 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $228,666 USD/YR $19,056 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 4,600 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $125,222 USD/YR $10,435 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 10-8,000 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $217,778 USD/YR $18,148 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 9,600 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $261,333 USD/YR $21,778 USD/MO | Triple Net (NNN) | ||
| 1st Floor | 5,500 SF | 1-10 Years | $27.22 USD/SF/YR $2.27 USD/SF/MO $149,722 USD/YR $12,477 USD/MO | Triple Net (NNN) |
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including Save-On Foods, Shoppers Drug Mart, Winners, Sport Chek, Michaels and many others. – Various box and pad opportunities available in 2023/2024
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day,
- Ideal location for Grocery Store anchor tenant
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day,
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day,
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day,
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day,
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day
Pioneer Rd - 1st Floor
– This future regional power canter is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day
Pioneer Rd - 1st Floor
– This future regional power centre is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton – Access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. – Located immediately east of existing retailers including
- Lease rate does not include utilities, property expenses or building services
- Traffic counts as high as 30,000 vehicles per day
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 58,350 SF | Gross Leasable Area | 257,300 SF |
| Min. Divisible | 10 SF | Total Land Area | 208.33 AC |
| Center Type | Outlet Center | Year Built | 2027 |
| Center Properties | 12 |
| Total Space Available | 58,350 SF |
| Min. Divisible | 10 SF |
| Center Type | Outlet Center |
| Center Properties | 12 |
| Gross Leasable Area | 257,300 SF |
| Total Land Area | 208.33 AC |
| Year Built | 2027 |
ABOUT THE PROPERTY
Prominent 40 acre retail Power Centre, located along Highway 16A in Spruce Grove, AB. This site is adjacent to existing commercial, and will be the ‘first stop’ to traffic entering Spruce Grove from Edmonton. East Pioneer Commercial will have access via an all-directional intersection at Pioneer Road and various other points along Highway 16A. Located immediately east of existing retailers including Save-On Foods, Shoppers Drug Mart, Winners, Sport Chek, Michaels and many others. Outstanding exposure along Highway 16A, with unparalleled frontage to over 26,800 vehicles per day (2011). Various box and pad opportunities available.
- Freeway Visibility
- Restaurant
NEARBY MAJOR RETAILERS
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Markets at Easton | Pioneer Rd
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