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Mount Royal West 906 16th Ave SW
6,752 SF of 4-Star Office Space Available in Calgary, AB T2R 1C1
Highlights
- new mixed-use development
- hotspot of the 17th Ave Retail and Entertainment district
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor, Ste A03002A | 6,752 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3rd Floor, Ste A03002A
This 3rd floor space provides a blank canvas for a new office space with a private balcony, plenty of natural light and the opportunity to demise.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 17 - 55 People
- Central Air and Heating
- Reception Area
- Balcony
- Lots of natural light
- Great Location
- Surface Parking
- Private Balcony
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 Mount Royal West
- Tenant
- Description
- CAN Locations
- Reach
- Canadian Tire
- Gasoline Station
- 598
- National
- Urban Fare
- Supermarket
- 7
- National
| Tenant | Description | CAN Locations | Reach |
| Canadian Tire | Gasoline Station | 598 | National |
| Urban Fare | Supermarket | 7 | National |
PROPERTY FACTS FOR 906 16th Ave SW , Calgary, AB T2R 1C1
| Property Type | Retail | Total Land Area | 1.84 AC |
| Property Subtype | Storefront | Year Built | 2019 |
| Gross Leasable Area | 94,157 SF | Parking Ratio | 0.44/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 94,157 SF |
| Total Land Area | 1.84 AC |
| Year Built | 2019 |
| Parking Ratio | 0.44/1,000 SF |
About the Property
Mount Royal West is First Capital’s prominent new mixed-use development at the intersection of 8th Street and 16th Avenue SW, directly across from Mount Royal Village. The 223-unit residential condo and large format retail was completed in 2019. Mount Royal West is anchored by Urban Fare and Canadian Tire and home to trendy KB & Co. It receives exposure on 8th Street SW and foot traffic on 16th Avenue SW, lending this to be the hotspot of the 17th Ave Retail and Entertainment district. It is also located directly across from The Shoppes at the Devenish, which attracts patrons in this highly affluent and trendy area.
- Bus Line
- Signage
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
-
Brent Watson -
First Capital REIT
Presented by
Mount Royal West | 906 16th Ave SW
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