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Highlights
- Endcap space with an existing drive-thru for convenient customer access.
- Located within Market Square at Covell Village, a highly desirable retail center.
- Excellent visibility along Covell Rd with significant daily traffic counts.
- Former Pie Five Pizza restaurant space, ready for quick-service or dining concepts.
- Strong co-tenancy including Pure Barre, Club Pilates, Three Dog Bakery, and other service retailers.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,488 SF | Negotiable | $47.06 CAD/SF/YR $3.92 CAD/SF/MO $117,084 CAD/YR $9,757 CAD/MO | Triple Net (NNN) |
1st Floor
Endcap restaurant space with a drive-thru is available at Market Square at Covell Village
- 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
- Space is in Excellent Condition
- Central Air and Heating
- Drive Thru
- Wheelchair Accessible
- Drive-thru
- Former Pie Five Pizza restaurant 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.
Select Tenants at Market Square
- Tenant
- Description
- US Locations
- Reach
- Pure Barre
- Fitness
- 871
- National
| Tenant | Description | US Locations | Reach |
| Pure Barre | Fitness | 871 | National |
Property Facts
| Total Space Available | 2,488 SF | Year Built | 2017 |
| Property Type | Retail | Parking Ratio | 6.55/1,000 SF |
| Gross Leasable Area | 17,243 SF |
| Total Space Available | 2,488 SF |
| Property Type | Retail |
| Gross Leasable Area | 17,243 SF |
| Year Built | 2017 |
| Parking Ratio | 6.55/1,000 SF |
About the Property
An endcap restaurant space with a drive-thru is available at Market Square at Covell Village, located at 1380 W Covell Rd in Edmond. This space, formerly occupied by Pie Five Pizza, benefits from strong co-tenancy including Pure Barre, All About Cha, and other service and restaurant users that generate steady traffic. Positioned along the busy Covell Rd corridor near Kelly Ave, the property is situated in the heart of North Edmond’s rapidly growing trade area, surrounded by dense residential neighborhoods and strong household incomes. This location offers excellent visibility and accessibility, making it well-suited for restaurant, coffee, or quick-service concepts seeking a high-traffic environment.
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
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Market Square | 1380 W Covell Rd
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