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4801 51 Ave 4801 51 Ave
1,399 SF of Retail Space Available in Red Deer, AB T4N 4H2
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 11 | 1,399 SF | Negotiable | £8.30 /SF/PA £0.69 /SF/MO £89.39 /m²/PA £7.45 /m²/MO £11,618 /PA £968.17 /MO | Plus All Utilities |
1st Floor, Ste 11
Located in the heart of downtown Red Deer, this well maintained 1,399 SF end unit is perfect for retail or office use. The space is comprised of a wide-open area with built-in counter, 1 office, and an additional room. Common washrooms are accessible in the back. There are large windows in the front of the unit that provide lots of natural light. Pylon signage with exposure to 51 Avenue is available for $55.00/month, plus GST. Parking on the property is for customers only, however there are several public parking facilities located nearby for tenants and staff. Additional rent is estimated at $9.15 for the 2022 budget year
- Listed lease rate plus proportional share of utilities
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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 4801 51 Ave , Red Deer, AB T4N 4H2
| Property Type | Retail | Gross Internal Area | 10,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1951 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 10,000 SF |
| Year Built | 1951 |
About the Property
Located in the heart of downtown Red Deer, 2x units are available for lease. These units are perfect for retail or office use. Bay 11 - 1,399 SF end unit is comprised of a wide-open area with built-in counter, 1 office, and an additional room. Common washrooms are accessible in the back. There are large windows in the front of the unit that provide lots of natural light. Bay 9 - 1,510 SF bright open unit with a lot of natural light. This space includes 3x additional rooms and has common washrooms that are accessible in the back Pylon signage with exposure to 51 Avenue is available for $55.00/month, plus GST. Parking on the property is for customers only, however there are several public parking facilities located nearby for tenants and staff. Additional rent is estimated at $8.79 for the 2023 budget year
Nearby Major Retailers
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4801 51 Ave | 4801 51 Ave
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