Commercial leasing

Lease space that works for the business — and the budget.

Commercial lease rates are only the starting point. A strong leasing decision considers the space, location, additional rent, utilities, improvements, term and operational requirements together.

Search commercial space for lease
01

Define the space requirement

Clarify how much space you need today, what may change during the lease term, and which operational requirements are non-negotiable.

  • Usable size and layout
  • Parking and customer access
  • Loading and overhead doors
  • Signage and exposure
  • Power and mechanical requirements
  • Zoning and permitted business use
02

Compare total occupancy cost

A quoted base rate does not always represent the full monthly cost. Review the base rent together with additional rent, utilities, insurance, maintenance obligations, taxes where applicable and GST. Our listing pages include a monthly base-rent estimate and lease-cost calculator when the DDF data supports it.

03

Inspect the building and location

Consider whether the property works operationally, not just visually. Access, neighbouring uses, traffic patterns, parking, deliveries, building systems and future growth can all affect the suitability of the space.

04

Understand tenant improvements

Many commercial spaces require modifications. Determine what work is needed, who will complete it, who pays, what landlord approvals are required and whether improvement allowances or fixturing periods are part of the negotiation.

05

Negotiate the business terms

Before the final lease is prepared, key terms are often set out in an offer or letter of intent. Base rent, additional rent, term, renewal options, possession, improvements, deposits and special conditions should be considered together.

06

Review the lease before signing

A commercial lease creates significant obligations. Tenants should have the final lease reviewed by their lawyer and other professional advisers as appropriate before committing.

Local commercial advice

Need help comparing commercial lease options?

We can help you understand the asking rates, estimate occupancy costs and compare available space across Red Deer and Central Alberta.

Call 403 346-0021 →Email our commercial team →