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5117 50 St 4,576 SF of Retail Space Available in Whitecourt, AB T7S 1S8
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5115 | 4,576 SF | Negotiable | $15.00 CAD/SF/YR $1.25 CAD/SF/MO $68,640 CAD/YR $5,720 CAD/MO | Modified Gross |
1st Floor, Ste 5115
• High exposure Main Street space located on the corner of 50th Street and 52nd Avenue • 4,576 sq.ft.± available in the Downtown District with street front patio • Significant public and street parking adjacent to the building • Potential for turnkey restaurant/brewery opportunity • Whitecourt is located on Highway 43, connecting Edmonton to the British Columbia border, via Peace Country, forming the northernmost portion of the CANAMEX Corridor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Kitchen
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 5117 50 ST, WHITECOURT, AB T7S 1S8
- TENANT
- DESCRIPTION
- CAN LOCATIONS
- REACH
- Royal Bank of Canada
- Bank
- 2,200
- International
| TENANT | DESCRIPTION | CAN LOCATIONS | REACH |
| Royal Bank of Canada | Bank | 2,200 | International |
PROPERTY FACTS
| Total Space Available | 4,576 SF | Gross Leasable Area | 4,576 SF |
| Property Type | Retail | Year Built | 1980 |
| Total Space Available | 4,576 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,576 SF |
| Year Built | 1980 |
NEARBY MAJOR RETAILERS
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5117 50 St
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