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401 2nd Av N 2,098 SF of Retail Space Available in Saskatoon, SK S7K 2C1
Highlights
- High visibility along 2nd Avenue North with strong traffic counts
- Steps from Saskatoon Central Library and Starbucks
- Rear access with dedicated storage and receiving area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 401B | 2,098 SF | Negotiable | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $31,470 CAD/YR $2,623 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 401B
Positioned in the heart of Saskatoon’s vibrant downtown corridor, 401B 2nd Avenue North offers a prime retail opportunity with exceptional visibility and foot traffic. This refreshed retail space features expansive front windows and an open floor plan ideal for merchandising, creating a bright and inviting environment for customers. The interior has been newly renovated with modern flooring and a new HVAC and distribution system, ensuring comfort and efficiency for tenants and visitors alike.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Secure Storage
- Refreshed interior with modern flooring
- New HVAC and distribution system
- Immediate availability
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 | 2,098 SF | Gross Leasable Area | 8,724 SF |
| Property Type | Retail | Year Built | 2010 |
| Total Space Available | 2,098 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,724 SF |
| Year Built | 2010 |
About the Property
The property benefits from its proximity to high-traffic destinations including the new Saskatoon Central Library and a bustling Starbucks, enhancing exposure and walk-in potential. Located along 2nd Avenue North, the site enjoys a steady stream of vehicular and pedestrian traffic, making it an ideal location for boutique retailers, specialty shops, and health and wellness providers. Additional conveniences include a rear entry with double doors, a dedicated storage room suitable for receiving, and two rear parking stalls. Immediate possession is available, allowing tenants to capitalize on the space’s turnkey readiness and strategic location.
- Signage
- Storage Space
Nearby Major Retailers
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401 2nd Av N
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