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115 First Ave
1,324 SF of Retail Space Available in Spruce Grove, AB T7X 2H4
Highlights
- Ideal for restaurant, office building in Spruce Grove's downtown core
- Ample parking
- Located along main thoroughfare, Hwy 16A with 27,000+/- vehicles passing by every day
- Close to a variety of amenities
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 109 | 1,324 SF | 5 Years | £17.66 /SF/PA £1.47 /SF/MO £190.14 /m²/PA £15.84 /m²/MO £23,387 /PA £1,949 /MO | Industrial Gross |
1st Floor, Ste 109
NEW ENERGY EFFICIENT BUILDING! Lease 1,300+/- square feet main floor space in one of Spruce Grove's newest buildings. Ready to be built out, this unit can be designed to meet your needs! This building has optimum exposure along Highway 16A which sees an estimated 26,840 vehicles/day. Onsite parking with additional street parking available. Additional secure heated storage available for lease in basement with elevator access. Prime location for professional and medical services, retail use, personal service or office use. Spruce Grove's City Centre redevelopment is underway. Easily accessible to pedestrians from McLeod Avenue as well as surrounding residential neighbourhoods and commercial areas. The landlord will consider tenant improvements. Zoned C1 - City Centre Commercial.
- Listed rate may not include certain utilities, building services and property expenses
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 agent 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 115 First Ave , Spruce Grove, AB T7X 2H4
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.72/1,000 SF |
| Gross Internal Area | 6,371 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 6,371 SF |
| Year Built | 2022 |
| Parking Ratio | 1.72/1,000 SF |
About the Property
NEW ENERGY EFFICIENT BUILDING! Lease 1,324+/- square feet of main floor space in one of Spruce Grove's newest buildings. Ready to be built out, this unit can be designed to meet your needs! This building has optimum exposure along Highway 16A which sees an estimated 26,840 vehicles/day. Onsite parking with additional street parking available. Additional secure heated storage available for lease in basement with elevator access. Prime location for pedestrians from McLeod Avenue as well as surrounding residential neighbourhoods and commercial areas. Shared washroom available. The Landlord will consider tenant improvements. Permitted uses include personal services, professional/office service, retail sales. Zoned C1 - City Centre Commercial.
Nearby Major Retailers
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115 First Ave
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