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470 River Av
960 - 2,604 SF of Retail Space Available in Winnipeg, MB R3L 0C8
Highlights
- Located centrally in the heart of Osborne Village just south of Downtown Winnipeg
- Easy access to public transportation
- The Property benefits from its high-traffic and high-visibility location
- Surrounding the site is a densely populated urban residential neighbourhood with over 13,000 residents and 170 unique businesses within a 3 km radius
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C&D | 1,644 SF | 1-10 Years | $14.11 USD/SF/YR $1.18 USD/SF/MO $151.88 USD/m²/YR $12.66 USD/m²/MO $1,933 USD/MO $23,197 USD/YR | Plus All Utilities | ||
| 3rd Floor, Ste G | 960 SF | 1-10 Years | $14.11 USD/SF/YR $1.18 USD/SF/MO $151.88 USD/m²/YR $12.66 USD/m²/MO $1,129 USD/MO $13,546 USD/YR | Plus All Utilities |
1st Floor, Ste C&D
Capital is pleased to offer 470 River Avenue for sale in addition to office and retail units available for lease. The Property consists of 5,592 sq. ft. of gross leasable area and is strategically located in vibrant Osborne Village. The site is situated on the south side of River Avenue within the district of Fort Rouge and in the heart of Osborne Village just south of Downtown Winnipeg.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
3rd Floor, Ste G
Capital is pleased to offer 470 River Avenue for sale in addition to office and retail units available for lease. The Property consists of 5,592 sq. ft. of gross leasable area and is strategically located in vibrant Osborne Village. The site is situated on the south side of River Avenue within the district of Fort Rouge and in the heart of Osborne Village just south of Downtown Winnipeg.
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
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 FOR 470 River Av , Winnipeg, MB R3L 0C8
| Property Type | Retail | Year Built | 1903 |
| Gross Leasable Area | 5,592 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,592 SF |
| Year Built | 1903 |
About the Property
Capital is pleased to offer 470 River Avenue for sale in addition to office and retail units available for lease. The Property consists of 5,592 sq. ft. of gross leasable area and is strategically located in vibrant Osborne Village. The site is situated on the south side of River Avenue within the district of Fort Rouge and in the heart of Osborne Village just south of Downtown Winnipeg.
Nearby Major Retailers
-
Bryn Oliver -
Mario Posillipo -
Capital Commercial Real Estate Services Inc.
Learn More About Leasing Retail Properties
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470 River Av
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