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High Estates 11223-11231 Jasper Ave NW 2,407 SF of Retail Space Available in Edmonton, AB T5K 0L5
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 | 2,407 SF | 9’ | 5 Years | $27.00 CAD/SF/YR $2.25 CAD/SF/MO $64,989 CAD/YR $5,416 CAD/MO | Triple Net (NNN) |
1st Floor
This property is an excellent location in the heart of downtown Edmonton, situated at the intersection of 112 Street and Jasper Avenue. The area features a vibrant residential community and benefits from high foot traffic, with a diverse range of established tenants nearby, including Local Pub, Cactus Club, Dairy Queen, and a hospital. The unit is equipped with a make-up air unit, existing ventilation, roughed-in plumbing, rear parking stalls, and a spacious storage room. This space is ideal for various businesses, including restaurants, coffee shops, and yoga studios, among other options.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Exposed Ceiling
- Emergency Lighting
- Finished Ceilings: 9’
- Ventilation - Venting
- High traffic area, parking (2 stalls included)
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 | 2,407 SF | Gross Leasable Area | 8,258 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.34/1,000 SF |
| Total Space Available | 2,407 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,258 SF |
| Year Built | 2000 |
| Parking Ratio | 0.34/1,000 SF |
ABOUT THE PROPERTY
Downtown building with mutliple professional tenants, and some restaurants and retailers. Strong mix of users.
- Bus Line
- Freeway Visibility
- Signage
- Signalized Intersection
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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High Estates | 11223-11231 Jasper Ave NW
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