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320 2nd St 2,269 SF of Office/Medical Space Available in Strathmore, AB T1P 0B3
HIGHLIGHTS
- Retail units available in centrally located Strathmore Centre
- Flexible space for retail, office, or medical use with 2,269 SF available
- High visibility with 15,250 vehicles per day and signage options
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,269 SF | 5-10 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $40,842 CAD/YR $3,404 CAD/MO | TBD |
1st Floor
2,269 SF vacancy available for retail, office, medical or professional service providers
- Fully Built-Out as Professional Services Office
- Office intensive layout
- Space is in Excellent Condition
- Central Air and Heating
- Security System
- Natural Light
- Exterior fascia signage options available
- Excellent parking on site
- Close proximity to the intersection of Highway 1
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 | 2,269 SF | Gross Leasable Area | 22,603 SF |
| Property Type | Retail | Year Built | 1962 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.1/1,000 SF |
| Total Space Available | 2,269 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,603 SF |
| Year Built | 1962 |
| Parking Ratio | 3.1/1,000 SF |
ABOUT THE PROPERTY
FOR LEASE: Prominent interior space adjacent to medical clinic, pharmacy, PCN office, and more! Strathmore's only enclosed mall experience. Located in the heart of Strathmore, Strathmore Centre features a massive parking lot, excellent access, and a strong professional + retail tenant mix. Population (2021): 14,339 Median Income (2017): $88,633 Trading Area (2018): 25,031
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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320 2nd St
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