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3303 118 Ave Nw 2,470 SF of Retail Space Available in Edmonton, AB T5W 4X1
HIGHLIGHTS
- Join anchor tenants including Boston Pizza, KFC, and H&R Block
- Located on a major transportation route with direct access to Anthony Henday and Yellowhead Trail
- Open concept layout including 2 washrooms, janitorial area, and office/stock space
- 2,470 sq ft ± of prime retail space in a well-established shopping centre
- High visibility with exposure to more than 20,000 vehicles per day
- Lease the last remaining unit in Rundle Centre and join a thriving mix of restaurants, services, and retailers
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3333 | 2,470 SF | 5-10 Years | $22.50 CAD/SF/YR $1.88 CAD/SF/MO $55,575 CAD/YR $4,631 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 3333
Join Neighbours in the Area: • No Frills • Dairy Queen • Dollarama • Shell • Tim Hortons • Amazone Playzone • Circle K • Edmonton Public Library • Shoppers Drug Mart • Walmart • Pizza Hut • Travelodge • Riverview Crossing Shopping Centre • Ace Liquor
- Lease rate does not include utilities, property expenses or building services
- Private 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.
SELECT TENANTS AT 3303 118 AVE NW, EDMONTON, AB T5W 4X1
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Boston Pizza
- Pizza
- 243
- International
- H&R Block
- Acctg/Tax Prep
- 1,237
- International
- India Bazaar
- -
- 1
- -
- KFC
- Fast-food
- 851
- International
- Kids & Company
- Daycare
- 116
- International
- Milk & Honey Food Store
- Supermarket
- 1
- Local
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Boston Pizza | Pizza | 243 | International |
| H&R Block | Acctg/Tax Prep | 1,237 | International |
| India Bazaar | - | 1 | - |
| KFC | Fast-food | 851 | International |
| Kids & Company | Daycare | 116 | International |
| Milk & Honey Food Store | Supermarket | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,470 SF | Total Land Area | 2.38 AC |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront | Parking Ratio | 3.23/1,000 SF |
| Gross Leasable Area | 31,000 SF |
| Total Space Available | 2,470 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 31,000 SF |
| Total Land Area | 2.38 AC |
| Year Built | 1980 |
| Parking Ratio | 3.23/1,000 SF |
ABOUT THE PROPERTY
MUNICIPAL ADDRESS 3333-118 Avenue NW, Edmonton, AB LEGAL DESCRIPTION Plan: 7722129; Block: 1; Lot: 7 TYPE OF SPACE Retail ZONING Mixed Use (Mixed Use) NEIGHBOURHOOD Rundle Heights SIZE 2,470 sq ft ± (Last Remaining Unit) BUILDING SIZE 31,000 sq ft ± PARKING Scramble SIGNAGE Facade and Pylon POWER 225 Amp, 120/240 Volt, 3 Phase PYLON SIGNAGE RATE $100.00/Panel/Month TERM 5 - 10 years POSSESSION Negotiable
NEARBY MAJOR RETAILERS
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3303 118 Ave Nw
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