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SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 100 | 1,662 SF | 10’ - 12’ | 5 Years | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $83,521 CAD/YR $6,960 CAD/MO | Plus Utilities and Char |
1st Floor, Ste 100
This is the first time this space has been available in 16 years. This 1,662 square foot retail suite is located in the most prime location of The Village of WestClay directly south of the main park on Glebe Street. Large picture windows face the main park with high ceilings and wide open clear span space. The current space includes one ADA restroom located in the rear of the space. In addition to the amazing location, the suite also has a rear door for access to the rear parking lot for easy deliveries and employee access. The options are endless for this space. The lease rate is an all inclusive lease rate that includes all CAM expenses. Tenant responsible for electric, internet and janitorial. Water and sewer and trash are included in the lease rate. The landlord will pay to return the existing space to a warm white box. There is a 12x14 garage behind the space that is also available for an additional $200 per month.
- Listed lease rate plus proportional share of the utilities and cleaning cost
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Finished Ceilings: 10’ - 12’
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 | 1,662 SF | Gross Leasable Area | 7,200 SF |
| Property Type | Retail | Year Built | 2007 |
| Total Space Available | 1,662 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,200 SF |
| Year Built | 2007 |
ABOUT THE PROPERTY
Retail / Office Building located in the heart of the award winning The Village of WestClay mixed use community.
NEARBY MAJOR RETAILERS
Presented by
Brason Bldg | 2159 Glebe St
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