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HIGHLIGHTS
- Located in growing Charlesworth community in Southeast Edmonton
- Excellent visibility and accessibility
- Hosts a variety of local businesses
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 3723B | 1,645 sq ft | 5 Years | £15.19 /sq ft pa £1.27 /sq ft pcm £24,985 pa £2,082 pcm | Triple Net |
1st Floor, Ste 3723B
In the new neighbourhood of Charlesworth in South Edmonton lies Royal Centre Hills, a newly constructed, sustainably designed building. There is currently one 1,645 square foot unit for lease in the desirable building which caters to the South Edmonton residential community. Royal Centre Hills is located near the Ivor Dent Sports Park, a 24 field complex recently constructed.
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Prestigious Space
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 (NNN) 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 rent 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 rent 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
| Total Space Available | 1,645 sq ft | Net Internal Area (NIA) | 22,464 sq ft |
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Shopfront |
| Total Space Available | 1,645 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 22,464 sq ft |
| Year Built | 2016 |
ABOUT THE PROPERTY
Royal Centre Hills is a 22,500 sq. ft. retail plaza located at 3707 8 Avenue SW in the growing Charlesworth community of Southeast Edmonton. Designed with sustainability in mind, the center features rooftop solar panels and solar-powered benches, contributing to its eco-friendly infrastructure. The plaza hosts a variety of local businesses, including a pharmacy, daycare, dental clinic, fitness center, and multiple food and personal service retailers. Situated near the 138-acre Ivor Dent Sports Park and surrounded by residential developments, Royal Centre Hills offers excellent visibility and accessibility, making it an ideal location for businesses aiming to serve the local community.
NEARBY MAJOR RETAILERS
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Royal Centre Hills | 3723B 8 Av SW
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