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Howard Block - 1907 312 1st St W 1,588 SF of Office/Retail Space Available in Cochrane, AB T4C 1A5
HIGHLIGHTS
- Cochrane is one of the fastest-growing municipalities in Canada, with a population of over 38,000
- Historic downtown Cochrane is a vibrant area known for its local shops, ice cream parlors like McKay’s, and seasonal festivals.
- The property benefits from signage exposure to drive-by traffic and foot traffic at the entrance.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,588 SF | 3-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $28,584 CAD/YR $2,382 CAD/MO | Triple Net (NNN) |
2nd Floor
1,588 square feet of office/retail space available for lease on the second floor.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 4 - 13 People
- Space is in Excellent Condition
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 HOWARD BLOCK - 1907
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Heavenly Outhouse
- Dept Store
- 1
- -
- Poor David's
- Retailer
- 1
- -
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Heavenly Outhouse | Dept Store | 1 | - |
| Poor David's | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,588 SF | Gross Leasable Area | 8,572 SF |
| Property Type | Retail | Year Built | 1907 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.29/1,000 SF |
| Total Space Available | 1,588 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,572 SF |
| Year Built | 1907 |
| Parking Ratio | 1.29/1,000 SF |
ABOUT THE PROPERTY
Downtown Cochrane is a vibrant area known for its local shops, ice cream parlors like McKay’s, and seasonal festivals.
- Security System
- Signage
- On-Site Retail
- Air Conditioning
- Walk-Up
- Smoke Detector
NEARBY MAJOR RETAILERS
-
Research In Progress - Research In Progress
Presented by
Research In Progress
Howard Block - 1907 | 312 1st St W
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