Opportunity to sublease a great storefront retail space in the busy Crestwood strip mall. Featuring 3,700 square feet of space with 3 large offices/rooms, kitchen area, barrier free bathroom updated in 2020, storage rooms, and large open front retail space + front/back exits. Well maintained space currently operating as Grass City Growers with come and go customer parking in the front paved parking lot, and 2 stalls for tenants at the rear of the building. Monthly rent is $3237.50+GST Base rent + $3.83 additional rent - Total monthly all in amount 4581.06. A cleaning business currently sub leases the back room from Grass City for $550/month + GST(month to month sublease). Current lease term is until July 2025, escalating lease, base rent will increase to 3391.00 on August 1 2024 until the end of lease, operating costs are recalculated annually. Landlords are open to negotiating longer/new lease terms by new tenants. Call today for a private tour! (id:2493)
Property Type:
Other
Property Plan:
1655S
Size Interior:
3,700 sq. ft.343.741 m2
Total Finished Area:
3,700 sq. ft.343.741 m2
Transaction Type:
For lease
Lease Type:
Gross Escalating
Lease Rate:
10.5
Lease Term:
Monthly
Community:
Crestwood-Norwood
Subdivision Name:
Crestwood-Norwood
Major Business Type:
Food Services and Beverage, Institutional, Other, Personal Services, Recreation, Retail and Wholesale, Residential, Service
Minor Business Type:
Health foods, School, Professional office(s), Mixed - IC&I, Health Centre, Recreation, Computer store, Clothing store, Electronics store, Florist/Gifts, Furniture/household, Hardware store, Ice Cream shop, Jewelry, Office supplies, Gifts, Retail & offices, Residential, Accounting
Data was last updated December 4, 2023 at 05:15 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$637,450
Min list price:
$320,000
Max list price:
$2,100,000
Avg days on market:
117
Min days on market:
7
Max days on market:
952
Avg price per sq.ft.:
$168.68
These statistics are generated based on the current listing's property type
and located in
Medicine Hat. Average values are
derived using median calculations.
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