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4707 50 St 3,800 SF of Retail Space Available in Red Deer, AB T4N 1X3
SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 & 130 | 3,800 SF | Negotiable | $10.00 CAD/SF/YR $0.83 CAD/SF/MO $38,000 CAD/YR $3,167 CAD/MO | Negotiable |
1st Floor, Ste 120 & 130
EXCELLENT DAYCARE OPPORTUNITY! Located Downtown, this 3,800 SF recently renovated double-unit is available for lease. The mixed use/retail space features a wide-open area with pillars, two washrooms, and a kitchenette. There are large windows in the front of the unit that bring in plenty of natural light and space directly behind to build an outdoor play area. This property is located along 50th (Ross) Street and offers excellent visibility, with thousands of cars passing by daily. There are three dedicated parking stalls located behind the building and ample street parking available directly in front. Basement options, for additional space, may be available. Additional Rent is $10.42 per square foot, per annum, for the 2025 budget year. Introductory lease rate is for the first year of a long-term lease to a qualified Tenant. This building is under new management and ownership.
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 | 3,800 SF | Gross Leasable Area | 13,042 SF |
| Property Type | Retail | Year Built | 2005 |
| Total Space Available | 3,800 SF |
| Property Type | Retail |
| Gross Leasable Area | 13,042 SF |
| Year Built | 2005 |
ABOUT THE PROPERTY
EXCELLENT DAYCARE OPPORTUNITY! Located Downtown, this 3,800 SF recently renovated double-unit is available for lease. The mixed use/retail space features a wide-open area with pillars, two washrooms, and a kitchenette. There are large windows in the front of the unit that bring in plenty of natural light and space directly behind to build an outdoor play area. This property is located along 50th (Ross) Street and offers excellent visibility, with thousands of cars passing by daily. There are three dedicated parking stalls located behind the building and ample street parking available directly in front. Basement options, for additional space, may be available. Additional Rent is $10.42 per square foot, per annum, for the 2025 budget year. Introductory lease rate is for the first year of a long-term lease to a qualified Tenant. This building is under new management and ownership.
NEARBY MAJOR RETAILERS
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4707 50 St
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