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Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 785-1,000 SF | Negotiable | $30.10 CAD/SF/YR $2.51 CAD/SF/MO $30,096 CAD/YR $2,508 CAD/MO | Triple Net (NNN) |
1st Floor
Nestled right next to SE Division & 50th Ave, this retail property offers a commanding presence and adaptable interiors tailored to discerning tenants. The building’s well-thought-out, convenient layout and modern, fresh buildout are perfect for tenants such as brunch cafes, smoothie/bowl shops, and coffee/tea establishments focused on bringing healthy, nourishing and community-building experiences to their customers. Such uses would align perfectly with the rest of the tenant base already in the building, which focuses on group movement classes and health & wellness. Premises features approx 758sf of private suite with type 1 hood, lots of plumbing, open seating area, shared entrance and additional direct street entrance. Included with lease is approx 80sf of Patio space and approx 100sf of either shared or private additional seating area. Approx 8'x8' walk in cooler and additional storage in the lower level accessible through stairs or elevator. Oversized multi-stall updgraded restrooms include showers and lockers for the movement studio.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Type 1 Hood, Grease Trap, WALK-IN Cooler
- Multiple sinks
- Private outside Patio space
- Multi-stall gender specific restrooms
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 | 1,000 SF | Gross Leasable Area | 11,340 SF |
| Min. Divisible | 785 SF | Year Built | 1947 |
| Property Type | Retail |
| Total Space Available | 1,000 SF |
| Min. Divisible | 785 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,340 SF |
| Year Built | 1947 |
About the Property
Nestled right next to SE Division & 50th Ave, this retail property offers a commanding presence and adaptable interiors tailored to discerning tenants. The building’s well-thought-out, convenient layout and modern, fresh buildout are perfect for tenants such as brunch cafes, smoothie/bowl shops, and coffee/tea establishments focused on bringing healthy, nourishing and community-building experiences to their customers. Such uses would align perfectly with the rest of the tenant base already in the building, which focuses on group movement classes and health & wellness.
Nearby Major Retailers
Presented by
The Breath Building | 2311 SE 50th Ave
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