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HIGHLIGHTS
- Expanding retail hub with limited competition.
- Draws shoppers from Okotoks and surrounding regions.
- Supportive local policies and competitive operating costs.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2A | 1,170 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
1st Floor, Ste 2A
1,170 square foot retail space with great exposure available immediately.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Corner Space
- Ample surface parking.
- Near major anchor tenants.
- High visibility.
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 220 N RAILWAY ST, OKOTOKS, AB
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- BenjaminMoore Okotoks Decorating
- Business/Copy/Postal Services
- 1
- -
- McCance Plumbing & Heating
- Utilities
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| BenjaminMoore Okotoks Decorating | Business/Copy/Postal Services | 1 | - |
| McCance Plumbing & Heating | Utilities | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,170 SF | Gross Leasable Area | 5,149 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.94/1,000 SF |
| Total Space Available | 1,170 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,149 SF |
| Year Built | 2001 |
| Parking Ratio | 1.94/1,000 SF |
ABOUT THE PROPERTY
Discover an exceptional retail leasing opportunity in a high-growth market: 1,170 sq ft of modern, high-visibility space at 220 N Railway St, Okotoks, offering excellent exposure and strong connectivity to Highway 2 and the Calgary market. The unit is situated in a newly developed retail hub anchored by major national retailers (including Costco and The Home Depot), drawing a wide trade area beyond the town’s 30,000 + residents. With competitive operating costs of $10.34 per sq ft and ample parking, this space is ideal for merchants seeking a ready-market with limited nearby competition. Take advantage of the growth-oriented environment and strong local business support in Okotoks and the surrounding region.
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
Presented by
220 N Railway St
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