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Cornerstone Power Centre 1910-1960 Strachan Rd SE 2,300 - 6,500 SF of Retail Space Available in Medicine Hat, AB T1B 4K4
HIGHLIGHTS
- Major tenants nearby
- High Exposure
- Parking on Site
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,200 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 2,300 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1940 Strachan Rd SE - 1st Floor
Industrial space with retail potential.
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Basement
- Natural light
- Versatile layout
- Docking optionality
1940 Strachan Rd SE - 1st Floor
Industrial space with retail potential.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 6,500 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Basement
- Natural light
- Versatile layout
- Docking optionality
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 CORNERSTONE POWER CENTRE
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Dollarama
- Dollar/Variety/Thrift
- 2,298
- National
- Sobeys
- Supermarket
- 413
- National
- Staples
- Retailer
- -
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Dollarama | Dollar/Variety/Thrift | 2,298 | National |
| Sobeys | Supermarket | 413 | National |
| Staples | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 6,500 SF | Center Properties | 4 |
| Center Type | Neighborhood Center | Gross Leasable Area | 112,054 SF |
| Parking | 70 Spaces | Total Land Area | 23.40 AC |
| Stores | 7 |
| Total Space Available | 6,500 SF |
| Center Type | Neighborhood Center |
| Parking | 70 Spaces |
| Stores | 7 |
| Center Properties | 4 |
| Gross Leasable Area | 112,054 SF |
| Total Land Area | 23.40 AC |
ABOUT THE PROPERTY
Major retail shopping Centre off of Trans Canada Highway.
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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Cornerstone Power Centre | 1910-1960 Strachan Rd SE
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