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HIGHLIGHTS
- Newly constructed retail building
- Traffic counts of ~21,000 vehicles per day
- High-traffic commercial use
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2 | 2,742 SF | Negotiable | $50.23 CAD/SF/YR $4.19 CAD/SF/MO $137,723 CAD/YR $11,477 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 2
- Lease rate does not include utilities, property expenses or building services
- Drive Thru
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 | 2,742 SF | Gross Leasable Area | 5,980 SF |
| Property Type | Retail | Year Built | 2024 |
| Total Space Available | 2,742 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,980 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
Now available for lease, Unit 2 presents a prime retail opportunity in a newly constructed retail building featuring a convenient drive-through. Perfectly suited for a quick-service restaurant, coffee shop, pharmacy, professional office, or other high-traffic commercial use. This 2,742 sq ft space allows tenants the flexibility to customize the interior to fit their business needs. Zoned CB, the property accommodates a wide range of commercial uses, enhancing its versatility. The site boasts excellent ingress and egress, along with ample customer parking, ensuring ease of access for patrons. An access easement is in place, and the fully landscaped property is equipped with an automatic sprinkler and drip system, contributing to a clean and professional exterior environment. With traffic counts of approximately 21,000 vehicles per day, this location offers outstanding visibility and exposure. Available now, don’t miss this opportunity to establish your business in a high-demand area.
NEARBY MAJOR RETAILERS
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3435 College Dr
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