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Lethbridge SmartCentres 3700 Mayor Magarth Dr S 1,200 - 10,483 SF of Retail Space Available in Lethbridge, AB T1K 7T6
HIGHLIGHTS
- Prominent neighbourhood shopping centre with Walmart anchor, retail, and restaurant space in a thriving retail hub.
- Ample parking for shopping centre visitors.
- This centre is located at the intersection of 137th Ave and 40th St Northwest.
- Provides high traffic volumes and visibility.
- Retail and restaurant space of all sizes available for lease.
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $21,600 CAD/YR $1,800 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D10 | 2,097 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $37,746 CAD/YR $3,146 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D3 | 1,892 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $34,056 CAD/YR $2,838 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D4 | 1,389 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $25,002 CAD/YR $2,084 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D7 | 1,408 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $25,344 CAD/YR $2,112 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste E1 | 2,497 SF | 1-5 Years | $18.00 CAD/SF/YR $1.50 CAD/SF/MO $44,946 CAD/YR $3,746 CAD/MO | Triple Net (NNN) |
3728 Mayor Magrath Dr S - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
3700 Mayor Magarth Dr S - 1st Floor - Ste D10
2,097 square foot of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
3728 Mayor Magrath Dr S - 1st Floor - Ste D3
1892 square foot retail space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Central Air and Heating
3728 Mayor Magrath Dr S - 1st Floor - Ste D4
1,389 square foot retail space formerly occupied by Scotiabank
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Central Air and Heating
3728 Mayor Magrath Dr S - 1st Floor - Ste D7
1,408 square foot retail space formerly occupied by Warehouse One
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
3700 Mayor Magarth Dr S - 1st Floor - Ste E1
2,497 square foot of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
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 LETHBRIDGE SMARTCENTRES
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Bell Mobility
- Information
- 1
- -
- EB Games
- Game Store
- 330
- International
- First Choice HairCutters
- Salon/Barber/Spa
- 455
- International
- H&R Block (Canada)
- Acctg/Tax Prep
- 1,237
- International
- Subway
- Sub Sandwich
- 4,448
- International
- Tim Hortons
- Coffee
- 5,768
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Bell Mobility | Information | 1 | - |
| EB Games | Game Store | 330 | International |
| First Choice HairCutters | Salon/Barber/Spa | 455 | International |
| H&R Block (Canada) | Acctg/Tax Prep | 1,237 | International |
| Subway | Sub Sandwich | 4,448 | International |
| Tim Hortons | Coffee | 5,768 | International |
PROPERTY FACTS
| Total Space Available | 10,483 SF | Center Properties | 10 |
| Center Type | Community Center | Gross Leasable Area | 423,018 SF |
| Parking | 2002 Spaces | Total Land Area | 41.25 AC |
| Stores | 26 | Year Built | 2004 |
| Total Space Available | 10,483 SF |
| Center Type | Community Center |
| Parking | 2002 Spaces |
| Stores | 26 |
| Center Properties | 10 |
| Gross Leasable Area | 423,018 SF |
| Total Land Area | 41.25 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
SmartCentres Lethbridge is a 353,464 square foot shopping centre, situated on 37 acres at the Northwest corner of 28th Street South and Mayor Magrath Drive South in Lethbridge, Alberta. The centre is anchored by a Walmart Supercentre and shadow-anchored by a 95,000 square foot Home Depot.
NEARBY MAJOR RETAILERS
CONTACTS
-
Claudio Ramirez -
Mauro Padula -
SmartCentres Real Estate Investment Trust
Presented by
Lethbridge SmartCentres | 3700 Mayor Magarth Dr S
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