Morinville has seen a lot of growth in the last few years. The population of the town has been steadily rising, and its economic potential has been rising along with it. Town council has been hard at work, making preparations and drawing up action plans in order to turn Morinville into a true economic player in the region. There has never been a better time to start a business in Morinville, and now, with the construction of 100 Block West, there has never been a better opportunity. 100 Block West is a new commercial development located in the heart of Morinville. 100 Block West is currently offering four spacious retail spaces fit for businesses that are just getting off the ground, as well as those looking to expand.
A PRIME LOCATION
Morinville is located just off of Highway 2 and acts as a major gateway to both Peace River and Fort McMurray. 100 Block West is positioned within the town to take full advantage of this traffic flow. For those looking to do some shopping or grab a bite to eat before heading north, the commercial spaces of 100 Block West will be among the first options they see.
100 Block West is also located next to a large residential zone, which includes many homes, schools and apartment buildings. The local customer base could not be closer. In fact, there are 36 apartment units that take up the floors above the retail space, meaning that many customers will only be a few steps away.
In addition to the residents of Morinville and those just passing through on their way north, the retail spaces of 100 Block West are also able to cater to the population of Sturgeon County as a whole. Morinville is the largest town within the county and for a long time has been the go-to commercial centre for the surrounding populations of Cardiff, Legal and Bon Accord, as well as the local farming community.
The populations of Morinville and of Sturgeon County as a whole are both on the rise, and businesses wishing to expand their reach to the north of St. Albert will be among the first to tap into this emerging market. Being a part of one of the fastest growing communities in the Capital Region means that the businesses of 100 Block West will have no shortage of customers.
In addition to the pre-existing pharmacy and medical clinic, 100 Block West boasts four available retail spaces that range from 1810 square feet to 2076 square feet. The building itself has plenty of parking, which is free both on the street and on site, as well as a landscaped courtyard, providing both easy customer access and a welcoming exterior.
100 Block West was constructed with the intention of being future-friendly, and as such, it utilizes a state-of-the-art geothermal energy system. This geothermal power has the dual advantage of lowering the operation costs of businesses within the development and having a low impact on the environment. Green spaces such as 100 Block West are becoming increasingly popular among consumers and, of course, have a positive influence on the planet as a whole.
100 Block West offers retail spaces ranging from 1300 to 4099 square feet, with flexibility for more or less. Pricing starts at $24.00 per square foot, with up to $30.00 per square foot offered in tenant improvement allowance. Operating costs start at $9.15 per square foot, including utility costs.
To find out more about 100 Block West, you can contact our leasing team.
Commercial Retail for Lease: Call 780.761.6454
*This sponsored content was produced in partnership between Trade Developments and T8N magazine.