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Phase I 10822 50 St SE 1,112 SF of Retail Space Available in Calgary, AB T2C 5N9



Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,112 SF | Negotiable | $33.00 CAD/SF/YR $2.75 CAD/SF/MO $36,696 CAD/YR $3,058 CAD/MO | Triple Net (NNN) |
1st Floor
-Established retail serving a 430-acre industrial park. Eastlake Commons is the primary retail and service destination for the surrounding business park, with a large weekday workforce and limited competing retail in the immediate area. -High visibility on the 52nd Avenue SE corridor. Exposure to more than 26,000 vehicles per day, supported by pylon signage on both 50th Street and 52nd Avenue SE. -Convenient access and transit service. Quick connections to major SE Calgary routes, with Calgary Transit service adjacent to the site. -Horizon by Astria Properties coming next door, Spring 2027. The adjacent 92,620 sq. ft. Horizon development will bring seven new industrial-commercial bays directly beside the centre, with a large portion expected to be occupied by recreational uses. This new daytime, evening, and weekend traffic adds to an already strong trade area anchored by 52 Street SE’s 50,000vehicles per day.
- Lease rate does not include utilities, property expenses or building services
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 Phase I
- Tenant
- Description
- CAN Locations
- Reach
- Canna Cabana
- Drug Store
- 222
- National
- Quesada
- Restaurant
- 251
- National
- Subway
- Sub Sandwich
- 3,787
- International
- Tikkaway Indian Cuisine & Pizza
- -
- 1
- -
- Whole Cellars
- Retailer
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Canna Cabana | Drug Store | 222 | National |
| Quesada | Restaurant | 251 | National |
| Subway | Sub Sandwich | 3,787 | International |
| Tikkaway Indian Cuisine & Pizza | - | 1 | - |
| Whole Cellars | Retailer | 1 | - |
Property Facts
| Total Space Available | 1,112 SF | Total Land Area | 1.88 AC |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Storefront | Parking Ratio | 1.3/1,000 SF |
| Gross Leasable Area | 10,154 SF |
| Total Space Available | 1,112 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,154 SF |
| Total Land Area | 1.88 AC |
| Year Built | 2015 |
| Parking Ratio | 1.3/1,000 SF |
Features and Amenities
- Bus Line
- Signage
- Smoke Detector
Nearby Major Retailers
Presented by
Phase I | 10822 50 St SE
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