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Pacific Palisade 1300-1358 Mayor Magrath Dr S 1,147 - 6,486 SF of Retail Space Available in Lethbridge, AB T1K 2R2
Highlights
- Prominent South Lethbridge retail plaza.
- Shared parking lot with free parking.
- High trac counts along Mayor Magrath Drive (32,600 VPD+).
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1320 | 1,147 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1344 | 1,189 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 1358 | 4,150 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1320
The layout for Unit 1320 includes a large open front area with great natural light. There is also a private office, storage area, and two private washrooms. This flexible layout would be suitable for a wide variety of businesses. Please contact an Associate to discuss this unit further.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Secure Storage
- Signage
- Built out Restaurant
- Natural Light
1st Floor, Ste 1344
Unit 1344 offers a spacious reception / waiting area with great natural light from the large front windows. The current layout includes two offices, a storage room, open work area, a lunch room with a small kitchenette, and a private washroom. Please contact an Associate to discuss this unit further.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Signage
- Built out Restaurant
- Natural Light
1st Floor, Ste 1358
The subject property offers a high-quality restaurant buildout in an excellent location. The current layout offers a large dining room, kitchen area, lobby, open space, POS pick-up counter, washrooms, and ample storage. There are modern finishes and large windows to make the space inviting for patrons.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Secure Storage
- Signage
- Built out Restaurant
- Natural Light
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 | 6,486 SF | Gross Leasable Area | 19,106 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront |
| Total Space Available | 6,486 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 19,106 SF |
| Year Built | 2000 |
About the Property
Pacic Palisade is a busy retail plaza in South Lethbridge located just o Mayor Magrath Drive South. The location features great exposure, easy access, and high trac counts (32,600 VPD+). The property is centrally located in Lethbridge's primary retail node, in close proximity to mature residential neighbourhoods and national anchor tenants. Building co-tenants include Ideal iRepair, Hearing Life, Thuan Hoa Vietnamese Restaurant, H&R Block, One Stop Vape Mart, Canna Cabana, Birdy Restaurant, and Fairstone Financial.
- Signage
Nearby Major Retailers
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Pacific Palisade | 1300-1358 Mayor Magrath Dr S
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