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Weston Square Mall 305 McPhillips St 2,000 - 22,300 SF of Retail Space Available in Winnipeg, MB R3P 2R8
HIGHLIGHTS
- High traffic strip mall with Joe Fresh outlet store, Dollarama, Pizza Pizza and many other high traffic tenants.
- Large lot with ample parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 700 | 2,000-22,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 700
$600,000 spent in 2018 to renovate the space, HVAC, Freezers etc. Perfect for grocery store. Currently occupied by Joe Fresh Outlet Mall on a short term lease. Space can be divided into smaller units if need be.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Anchor Space
- $600,000 Spent in 2018 on renovations.
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 WESTON SQUARE MALL
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Dollarama
- Dollar/Variety/Thrift
- 2,298
- National
- Joe Fresh Outlet
- Retailer
- -
- -
- pizza pizza
- Pizza
- 607
- National
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Dollarama | Dollar/Variety/Thrift | 2,298 | National |
| Joe Fresh Outlet | Retailer | - | - |
| pizza pizza | Pizza | 607 | National |
PROPERTY FACTS
| Total Space Available | 22,300 SF | Gross Leasable Area | 51,412 SF |
| Min. Divisible | 2,000 SF | Year Built | 1974 |
| Property Type | Retail | Parking Ratio | 3.4/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 22,300 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 51,412 SF |
| Year Built | 1974 |
| Parking Ratio | 3.4/1,000 SF |
ABOUT THE PROPERTY
High traffic mall with a Dollarama, Joe Fresh Outlet, Pizza Pizza and more. One of the busiest corners in Winnipeg, the intersection of Logan and McPhillips. Tenants can lease direct with owner, will cooperate with realtors. OWNER WILL PUT UP WALL TO CREATE SIZE REQUIRED - 2000-22,300 SqFt.
NEARBY MAJOR RETAILERS
Presented by
Weston Square Mall Ltd
Weston Square Mall | 305 McPhillips St
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