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Future Retail Space for Lease 10505 123rd St NW
1,000 - 3,000 SF of Retail Space Available in Edmonton, AB T5N 1N9
Highlights
- Corner lot with 30 minute storefront parking
- Located in a high density, residential area
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Double Net |
1st Floor
Retail leasing opportunity for a future build-out space within a centrally located building, which is situated on the southwest corner of 123rd Street and 105th Avenue. The middle unit of a three unit building, will offer 600 sq.ft. ± up to 3000 sq.ft., that could encompass both open space and/or private office space.
- Lease rate does not include certain property expenses
- Located in-line with other retail
- High Ceilings
- Retail leasing opportunity for a future build-out
- Corner lot with 30 minute storefront parking
- 1000 sq.ft. ± up to 3000 sq.ft. space
- Located in a high density, residential area
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.
SITE PLAN
SELECT TENANTS AT Future Retail Space for Lease
- Tenant
- Description
- CAN Locations
- Reach
- Body Architects
- Arts, Entertainment, and Recreation
- 1
- -
- City Cellars
- Retailer
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| Body Architects | Arts, Entertainment, and Recreation | 1 | - |
| City Cellars | Retailer | 1 | - |
PROPERTY FACTS FOR 10505 123rd St NW , Edmonton, AB T5N 1N9
| Min. Divisible | 1,000 SF | Gross Leasable Area | 7,395 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 2.7/1,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,395 SF |
| Year Built | 2000 |
| Parking Ratio | 2.7/1,000 SF |
About the Property
Retail leasing opportunity for a future build-out space within a centrally located building, which is situated on the southwest corner of 123rd Street and 105th Avenue. Located in a high density, residential area in West Central Edmonton with 30 minute storefront parking availability. Just off off pedestrian-friendly 124th street which is known for its diverse businesses including restaurants, art galleries, boutiques and offices.
- Corner Lot
Nearby Major Retailers
Presented by
SPLM Properties
Future Retail Space for Lease | 10505 123rd St NW
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