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Royal Plains 24th St
1,000 - 150,000 SF of Retail Space Available in Portage La Prairie, MB
Highlights
- Walmart anchored
- Located at 24th St & Saskatchewan Ave.
- Will develop to suit client's needs
- Abundent on-site parking.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1 | 1,000-150,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 1
Join Walmart Supercentre in prominently located mixed-use centre in the heart of a strong and growing retail node in West Portage la Prairie. Portage la Prairie is a progressive community strategically situated in the centre of the country, and the service centre for the Central Plains region. Key neighbouring retailers include: Canadian Tire, Rona, Dufresne Furniture, Sobeys, Co-op Grocery and Dollarama. Ideal for retail, restaurant, financial or insurance services, medical office, personal services, and hardware/home improvement. The site features excellent exposure to the Saskatchewan Avenue (Trans-Canada Highway via two signalized intersections and ample on-site parking.
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Walmart anchored
- Ample 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 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.
SELECT TENANTS AT Royal Plains
- Pet Valu
- Walmart
PROPERTY FACTS FOR 24th St , Portage La Prairie, MB
About the Property
Join Walmart Supercentre in prominently located mixed-use centre in the heart of a strong and growing retail node in West Portage la Prairie. Portage la Prairie is a progressive community strategically situated in the centre of the country, and the service centre for the Central Plains region. Key neighbouring retailers include: Canadian Tire, Rona, Dufresne Furniture, Sobeys, Co-op Grocery and Dollarama. Ideal for retail, restaurant, financial or insurance services, medical office, personal services, and hardware/home improvement. The site features excellent exposure to the Saskatchewan Avenue (Trans-Canada Highway via two signalized intersections and ample on-site parking. Azure Sustainable Fuels Corp. recently announced plans to build a new, $1.9 billion, sustainable aviation fuel processing plant in the city. In addition, construction has started on the new $283 million Portage District General Hospital which will double the size of the existing facility. The Province of Manitoba has also pledged over $60 million for wastewater improvements for the area and in partnership with RM, is constructing a new daycare facility as part of $70 million program. Agri-investments in the area include the new $600 million Roquette pea processing plant, a $460 million investment by J.R. Simplot Company to double production, and McCain Foods Canada has announced infrastructure investments totaling $75 million for its Portage la Prairie and Carberry-based facilities.
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Sandy Shindleman -
Michael Stronger -
Shindico Realty Inc.
Presented by
Royal Plains | 24th St
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