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415 Centre St 5,000 SF of Retail Space Available in Winnipeg, MB R3Y 1S4

Sublease Highlights
- High-profile standalone retail/office building ready for tenant improvements.
- Located within The District at Bridgwater, surrounded by major residential density and complementary services.
- Ample shared parking with approximately 195 stalls on site.
- Direct visibility along a key arterial route with heavy traffic counts.
- Adjacent to new office/flex construction and across from Altea Active Centre.
- Available building signage offering enhanced branding opportunities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000 SF | Oct 2033 | $30.00 CAD/SF/YR $2.50 CAD/SF/MO $150,000 CAD/YR $12,500 CAD/MO | Triple Net (NNN) |
1st Floor
Net Rental Rate: Current – October 31, 2028: $30.00 per sq. ft. November 1, 2028 – October 31, 2030: $31.00 per sq. ft. November 1, 2030 – October 31, 2033: $32.00 per sq. ft. 415 Centre Street offers a highly visible retail/office opportunity within The District at Bridgwater, one of Winnipeg’s most vibrant mixed-use developments. Featuring a high-profile standalone building, this property provides excellent exposure along Kenaston Boulevard—a key north-south thoroughfare experiencing significant traffic flow, with over 25,400 vehicles passing daily. The building is designed for flexibility, making it suitable for a variety of commercial uses. Tenants can benefit from immediate occupancy and available building signage opportunities that enhance brand presence in a growing and dynamic trade area. The site enjoys proximity to major residential communities and is adjacent to a 43,000 sq. ft. office/flex development currently under construction, which will further drive consumer and business activity. Accessible from major routes including Bison Drive and Kenaston Boulevard, the property is strategically positioned to serve both local residents and commuters. This location places businesses in an active corridor surrounded by established retailers, dining, and health services, emphasizing connectivity and convenience.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Exposed Ceiling
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 | 5,000 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
| Total Space Available | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,000 SF |
| Year Built | 2024 |
| Parking Ratio | 10/1,000 SF |
About the Property
A standalone retail/office property within a mixed-use development in Winnipeg’s southwest corridor, near Kenaston Boulevard and Bison Drive. The surrounding area includes large-scale residential projects and active retail nodes. The site plan indicates a position within The District at Bridgwater, a commercial hub serving nearby planned and existing communities, with access to major arterial routes.
Nearby Major Retailers
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415 Centre St
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