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Lakeland Mall 4420 Railway Av 500 - 6,468 SF of Retail Space Available in Vermilion, AB T9X 1G1
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 669 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 885 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,054 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 2,360 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1st Floor
1st Floor
1st Floor
1st Floor
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 | 6,468 SF | Year Built | 1990 |
| Property Type | Retail | Parking Ratio | 3.24/1,000 SF |
| Gross Leasable Area | 68,131 SF |
| Total Space Available | 6,468 SF |
| Property Type | Retail |
| Gross Leasable Area | 68,131 SF |
| Year Built | 1990 |
| Parking Ratio | 3.24/1,000 SF |
ABOUT THE PROPERTY
Lakeland Mall continues to evolve as the primary shopping centre in Vermilion, Alberta, offering strong opportunities for both retailers and consumers. HIGHLIGHTS Expanding Retail Mix A major new retailer is set to open in mid-Fall 2025, bringing additional traffic and selection for shoppers. A new hardware store will also be opening this Fall, further strengthening the tenant mix. Strong Market Base Vermilion has a core population of approximately 4,000 residents, with a broader trade area of 11,000 people, ensuring consistent demand and foot traffic. Educational Hub Advantage Lakeland College contributes an additional 3,000 students, faculty, and staff to the area, boosting the local customer base and supporting retail growth. Retail Growth Opportunity With national and local retailers already established, Lakeland Mall is well-positioned for continued expansion and long-term success.
- Signage
NEARBY MAJOR RETAILERS
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Lakeland Mall | 4420 Railway Av
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