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949 Parsons Rd SW 1,029 - 2,424 SF of Retail Space Available in Edmonton, AB T6X 0X2
Highlights
- Located in a vibrant commercial area surrounded by residential communities, retailers, and dining amenities.
- Strategic connectivity to major Edmonton roadways ensures strong accessibility for customers and employees.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 947 | 1,029 SF | 5-10 Years | $38.00 CAD/SF/YR $3.17 CAD/SF/MO $39,102 CAD/YR $3,259 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 949 | 1,395 SF | 5-10 Years | $38.00 CAD/SF/YR $3.17 CAD/SF/MO $53,010 CAD/YR $4,418 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 947
Commercial units are available for immediate lease. These units are located in rapidly growing SW quarter of the city and in Ellerslie Industrial corridor. The units may be leased individually or combined to accommodate a variety of business requirements. Strategically located along Parsons Road SW And Ellerslie Road, the property benefits from strong exposure, convenient access to major arterial routes, and proximity to surrounding residential and commercial developments.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,424 SF of adjacent space
- In-line unit.
- Surrounded by other retailers and amenities.
1st Floor, Ste 949
Commercial units are available for immediate lease. These units are located in rapidly growing SW quarter of the city and in Ellerslie Industrial corridor. The units may be leased individually or combined to accommodate a variety of business requirements. Strategically located along Parsons Road SW And Ellerslie Road, the property benefits from strong exposure, convenient access to major arterial routes, and proximity to surrounding residential and commercial developments.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,424 SF of adjacent space
- In-line unit.
- Surrounded by other retailers and amenities.
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 | 2,424 SF | Gross Leasable Area | 21,928 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,424 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 21,928 SF |
| Year Built | 2026 |
About the Property
Within a 3-5 KM radius, the property is supported by a rapidly growing south Edmonton population driven by ongoing development throughout Heritage Valley, Summerside, Ellerslie, and surrounding communities. Continued residential growth, infrastructure investment, and commercial expansion position Parsons Road Sw as a strong long-term location for business growth and consumer demand.
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Smoke Detector
Nearby Major Retailers
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949 Parsons Rd SW
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