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4918 46 St
1,978 SF of Retail Space Available in Red Deer, AB T4N 1N3
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 101 | 1,978 SF | Negotiable | $5.00 CAD/SF/YR $0.42 CAD/SF/MO $53.82 CAD/m²/YR $4.48 CAD/m²/MO $824.17 CAD/MO $9,890 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 101
1,978 sf condo unit available for lease or sale in the heart of Downtown Red Deer, unit features a spacious retail area equipped with a change room, and a small shop area in the back. Ample street parking surrounds the property with staff parking available at the back of the building. Easily accessible off of 49th Avenue and Gaetz Avenue both major arterial roads in Red Deer. Immediate possession is negotiable. **SIX Months base rent free offered on five year lease term**
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Natural Light
- Open Space
- Parking
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 4918 46 St , Red Deer, AB T4N 1N3
Property Type | Retail | Year Built | 1996 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 0.92/1,000 SF |
Gross Leasable Area | 6,517 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 6,517 SF |
Year Built | 1996 |
Parking Ratio | 0.92/1,000 SF |
About the Property
1,978 sf condo unit available for lease or sale in the heart of Downtown Red Deer, unit features a spacious retail area equipped with a change room, and a small shop area in the back. Ample street parking surrounds the property with staff parking available at the back of the building. Easily accessible off of 49th Avenue and Gaetz Avenue both major arterial roads in Red Deer. Immediate possession is negotiable. This is a great opportunity for retail/office use that is looking for a downtown location with excellent parking and accessibility. C-1 (City Centre) zoning allows for a variety of office and retail uses that can be complied in this wide open condo unit.
Nearby Major Retailers
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4918 46 St
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