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1400 12 Ave SW 33,056 SF of Retail Space Available in Calgary, AB T3C 0P7
Highlights
- High visibility property.
- Walking distance to various amenities such as restaurants, liquor stores, coffee shops, general retail and furniture stores off the design district.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 33,056 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Basement
33,056 square foot retail basement space available immediately. Contact broker for pricing information.
- Ample on-site parking.
- Close proximity to popular retail amenities.
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 | 33,056 SF | Gross Leasable Area | 49,861 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Freestanding | Parking Ratio | 2.21/1,000 SF |
| Total Space Available | 33,056 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 49,861 SF |
| Year Built | 1965 |
| Parking Ratio | 2.21/1,000 SF |
About the Property
This building is situated between 11th Ave and 12th Ave on 14th St. It is surrounded by new condo developments and commercial properties. It is also in close proximity to the Sunalta LRT station.
Nearby Major Retailers
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1400 12 Ave SW
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