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Southpointe Common 2004 50 Ave
2,701 - 31,386 SF of Retail Space Available in Red Deer, AB T4R 3A2
Highlights
- Heavy daytime foot traffic
- Easy access
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E-10 | 3,327 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste G-10 | 2,701 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste K | 9,530 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste L | 15,828 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
2004 50th Ave - 1st Floor - Ste E-10
The Southpointe retail node, which includes Southpointe Common and its neighbours, Southpointe Plaza and Southpointe Junction, is an important service centre for central Alberta. The site is anchored by London Drugs, Mark’s, and Reitmans; shadow-anchored by Walmart and Home Depot; and includes a variety of other retailers, services, and restaurants.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Property façade has been recently upgraded
- Part of Qualico Properties’ expansive Southpointe
- Attracts customers from across central Alberta
- Longstanding service centre for the region
2004 50th Ave - 1st Floor - Ste G-10
The Southpointe retail node, which includes Southpointe Common and its neighbours, Southpointe Plaza and Southpointe Junction, is an important service centre for central Alberta. The site is anchored by London Drugs, Mark’s, and Reitmans; shadow-anchored by Walmart and Home Depot; and includes a variety of other retailers, services, and restaurants.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Property façade has been recently upgraded
- Part of Qualico Properties’ expansive Southpointe
- Attracts customers from across central Alberta
- Longstanding service centre for the region
2004 50th Ave - 1st Floor - Ste K
The Southpointe retail node, which includes Southpointe Common and its neighbours, Southpointe Plaza and Southpointe Junction, is an important service centre for central Alberta. The site is anchored by London Drugs, Mark’s, and Reitmans; shadow-anchored by Walmart and Home Depot; and includes a variety of other retailers, services, and restaurants.
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air Conditioning
- Property façade has been recently upgraded
- Part of Qualico Properties’ expansive Southpointe
- Attracts customers from across central Alberta
- Longstanding service centre for the region
2004 50th Ave - 1st Floor - Ste L
The Southpointe retail node, which includes Southpointe Common and its neighbours, Southpointe Plaza and Southpointe Junction, is an important service centre for central Alberta. The site is anchored by London Drugs, Mark’s, and Reitmans; shadow-anchored by Walmart and Home Depot; and includes a variety of other retailers, services, and restaurants.
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Property façade has been recently upgraded
- Part of Qualico Properties’ expansive Southpointe
- Attracts customers from across central Alberta
- Longstanding service centre for the region
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 Southpointe Common
- Alberta Motor Association
- London Drugs
PROPERTY FACTS FOR 2004 50 Ave , Red Deer, AB T4R 3A2
| Center Type | Community Center | Gross Leasable Area | 158,051 SF |
| Stores | 20 | Total Land Area | 14.82 AC |
| Center Properties | 11 | Year Built | 2001 |
| Center Type | Community Center |
| Stores | 20 |
| Center Properties | 11 |
| Gross Leasable Area | 158,051 SF |
| Total Land Area | 14.82 AC |
| Year Built | 2001 |
About the Property
Southpointe Common is a regional power centre conveniently located off the Queen Elizabeth II Highway. The Southpointe retail node, which includes Southpointe Common and its neighbours, Southpointe Plaza and Southpointe Junction, is an important service centre for central Alberta. The site is anchored by London Drugs, Mark’s, and Reitmans; shadow-anchored by Walmart and Home Depot; and includes a variety of other retailers, services, and restaurants. Property façade has been recently upgraded. Part of Qualico Properties’ expansive Southpointe retail node. Attracts customers from across central Alberta. Longstanding service centre for the region.
Nearby Major Retailers
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Southpointe Common | 2004 50 Ave
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