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1018-1020 3 Av S 1,945 SF of Retail Space Available in Lethbridge, AB T1J 0J4
Highlights
- Convenient street parking for customers
- Excellent 3rd Avenue frontage
- Staff parking at the rear of the building
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1020 | 1,945 SF | Negotiable | $16.00 CAD/SF/YR $1.33 CAD/SF/MO $31,120 CAD/YR $2,593 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1020
This 1,945 sf retail opportunity offers a flexible shell space suitable for a variety of retail, showroom, or service uses. The premises features large storefront windows that provide abundant natural light and excellent visibility. The open layout allows tenants to customize the space to meet their operational requirements. Located in an established commercial corridor, the property presents an excellent opportunity for businesses seeking exposure, accessibility, and a prominent street presence.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Retail shell opportunity
- Front and rear entrances
- Large storefront windows
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 1018-1020 3 Av S, Lethbridge, AB T1J 0J4
- Tenant
- Description
- CAN Locations
- Reach
- Sherwin-Williams
- Paint/Wallpaper
- 339
- International
| Tenant | Description | CAN Locations | Reach |
| Sherwin-Williams | Paint/Wallpaper | 339 | International |
Property Facts
| Total Space Available | 1,945 SF | Gross Leasable Area | 9,376 SF |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Storefront |
| Total Space Available | 1,945 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,376 SF |
| Year Built | 1977 |
About the Property
Positioned along busy 3rd Avenue South, the property benefits from exceptional frontage and exposure to approximately 13,600 vehicles per day. The location offers convenient access to Downtown Lethbridge and is surrounded by a mix of commercial businesses, professional services, and residential neighbourhoods, generating consistent local traffic throughout the day. Prominent street visibility, pedestrian accessibility, and nearby amenities make this an attractive location for retailers looking to establish or expand their presence in South Lethbridge.
Nearby Major Retailers
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1018-1020 3 Av S
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