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Westlink Park 16904-16952 107th Ave NW 1,389 - 14,209 SF of Retail Space Available in Edmonton, AB T5P 4C3
HIGHLIGHTS
- West Link Park is a 30-acre property in Edmonton, Alberta actively under development.
- Several retail and restaurant tenants drive traffic to the property.
- The property is comprised of Class “A” and Class “B” office space, retail space, and a 126-room hotel with more development potential.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,021 SF | Negotiable | $27.00 CAD/SF/YR $2.25 CAD/SF/MO $81,567 CAD/YR $6,797 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10-16908 | 1,389 SF | Negotiable | $27.00 CAD/SF/YR $2.25 CAD/SF/MO $37,503 CAD/YR $3,125 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Bldg 15 - 201 | 3,377 SF | 1-5 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $67,540 CAD/YR $5,628 CAD/MO | Triple Net (NNN) | ||
| 3rd Floor, Ste Bldg 15 - 306 | 6,422 SF | 1-5 Years | $20.00 CAD/SF/YR $1.67 CAD/SF/MO $128,440 CAD/YR $10,703 CAD/MO | Triple Net (NNN) |
16904-16916 107th Ave NW - 1st Floor
Retail space available for immediate lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Diverse Tenant Mix
16904-16916 107th Ave NW - 1st Floor - Ste 10-16908
Retail space available for immediate lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Diverse Tenant Mix
16826 107th Ave - 2nd Floor - Ste Bldg 15 - 201
3,377 square feet available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Fits 9 - 28 People
- Diverse Tenant Mix
16826 107th Ave - 3rd Floor - Ste Bldg 15 - 306
6,422 square feet available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Fits 17 - 52 People
- Diverse Tenant Mix
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 WESTLINK PARK
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- BDC
- Bank
- 137
- National
- GrayCon IT - Edmonton
- Professional, Scientific, and Technical Services
- 2
- -
- Service Canada
- Other Services
- 119
- National
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| BDC | Bank | 137 | National |
| GrayCon IT - Edmonton | Professional, Scientific, and Technical Services | 2 | - |
| Service Canada | Other Services | 119 | National |
PROPERTY FACTS
| Total Space Available | 14,209 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 20,725 SF |
| Parking | 1009 Spaces | Total Land Area | 6.32 AC |
| Center Properties | 8 | Year Built | 2013 |
| Total Space Available | 14,209 SF |
| Center Type | Strip Center |
| Parking | 1009 Spaces |
| Center Properties | 8 |
| Frontage | |
| Gross Leasable Area | 20,725 SF |
| Total Land Area | 6.32 AC |
| Year Built | 2013 |
ABOUT THE PROPERTY
In 2006, Terracap acquired West Link Park for $23.5 million. The 30.6-acre property in Edmonton, Alberta is over 70% developed on a land area basis. The property sits on one of Edmonton’s busiest thoroughfares, at 170th Street, bounded by Mayfield Road, 107th Avenue and 109th Avenue, making it a prime strategic business opportunity for hospitality, office and retail uses. The property was initially purchased through an agreement from Finning International Inc. to build an 80,000 square foot office space. The remaining 500,000 square feet now serve as additional Class A office space, 80,000+ square feet of retail space, and a 126-room Staybridge extended stay hotel by IHG. The property is now home to tenants such as Finning International, Golder Associates, the Business Development Corporation, Service Canada, and Ricoh (in a 30,000 square foot office space), as well as major retailers including TD Bank, IHOP, Lazeez Indian Restaurant and Fat Burger.
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
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Westlink Park | 16904-16952 107th Ave NW
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