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1137-1139 Kingsway Av SE 5,827 SF of Retail Space Available in Medicine Hat, AB T1A 2Y1
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,827 SF | Negotiable | $10.30 CAD/SF/YR $0.86 CAD/SF/MO $60,018 CAD/YR $5,002 CAD/MO | Triple Net (NNN) |
1st Floor
Welcome to 1137 & 1139 Kingsway Ave SE! This is a unique opportunity to lease a mixed-use property that can be divided into two spaces, located on a high-traffic street for excellent visibility. Previously an automotive service center, this property is well-equipped for a variety of business ventures, thanks to its expansive layout, ample parking, and versatile spaces. The commercial property features an impressive 5,827 sq. ft. above grade. The main floor offers 4,557 sq. ft., including multiple shop bays, service areas, and workspaces, making it ideal for automotive services or adaptable for other business needs such as retail, workshops, or office space. Additionally, the upper floor provides 1,270 sq. ft. of storage and utility rooms, perfect for inventory, tools, or backend operations. With a total of 7 overhead doors, ranging from 8x8 to 12x12, the property offers endless occupancy opportunities. A key highlight is the convenience of off-street parking, providing easy access for both customers and staff. With plenty of parking space, you can accommodate your clients’ needs without congestion, making it ideal for customer-facing businesses. Located in the thriving SE Kingsway area, this property is designed for ambitious entrepreneurs or investors seeking maximum versatility and potential. Discover the endless possibilities at 1137 & 1139 Kingsway Ave SE and imagine your business thriving in this one-of-a-kind property!
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Corner Space
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 | 5,827 SF | Year Built | 1955 |
| Property Type | Retail | Parking Ratio | 0.75/1,000 SF |
| Gross Leasable Area | 6,639 SF |
| Total Space Available | 5,827 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,639 SF |
| Year Built | 1955 |
| Parking Ratio | 0.75/1,000 SF |
Nearby Major Retailers
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1137-1139 Kingsway Av SE
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