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SmartCentres Edmonton East 5004 98 Ave NW
2,000 - 11,515 SF of Retail Space Available in Edmonton, AB T6A 0A1
Highlights
- Walmart-anchored shopping centre, home to a diverse mix of demand generators.
- High traffic shopping destination in Edmonton minutes from Anthony Henday Drive.
- Transit connected destination with direct access to highways; abundant parking, on-site transit and nearby commuter hubs.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2000B | 2,010 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2000FB | 2,000 SF | 1 Year | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2000G | 4,477 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste D4000B | 3,028 SF | 1-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
5004 98th Ave NW - 1st Floor - Ste 2000B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5004 98th Ave NW - 1st Floor - Ste 2000FB
5004 98th Ave NW - 1st Floor - Ste 2000G
5004 98th Ave NW - 2nd Floor - Ste D4000B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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 SmartCentres Edmonton East
- Tenant
- Description
- CAN Locations
- Reach
- Hakim Optical
- Optical
- 118
- National
- Petland
- Retailer
- -
- -
- Safeway Canada
- Supermarket
- 132
- National
- Skechers
- Shoes
- 91
- International
- Walmart
- Dept Store
- 619
- International
- Winners
- Off-Price
- 475
- National
| Tenant | Description | CAN Locations | Reach |
| Hakim Optical | Optical | 118 | National |
| Petland | Retailer | - | - |
| Safeway Canada | Supermarket | 132 | National |
| Skechers | Shoes | 91 | International |
| Walmart | Dept Store | 619 | International |
| Winners | Off-Price | 475 | National |
PROPERTY FACTS FOR 5004 98 Ave NW , Edmonton, AB T6A 0A1
| Center Type | Lifestyle Center | Gross Leasable Area | 314,432 SF |
| Parking | 1,610 Spaces | Total Land Area | 30.92 AC |
| Stores | 36 | Year Built | 1969 |
| Center Properties | 8 |
| Center Type | Lifestyle Center |
| Parking | 1,610 Spaces |
| Stores | 36 |
| Center Properties | 8 |
| Gross Leasable Area | 314,432 SF |
| Total Land Area | 30.92 AC |
| Year Built | 1969 |
About the Property
Walmart anchored shopping and retail centre in Edmonton Alberta. Safeway, Winners and Shoppers Drug Mart join Walmart as major anchor tenants with several in line retail spaces. Several out-parcels exist on the property with ample parking and easy access to both 98th Ave NW and 50th St NW.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
-
Adam Soucie -
Power Broker Mauro Padula -
SmartCentres Real Estate Investment Trust
Presented by
SmartCentres Edmonton East | 5004 98 Ave NW
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