Tenant Type | Poor | Fair | Average | Good | Excellent | Average Operating Costs |
---|---|---|---|---|---|---|
Retail | $8 | $12 to $25 | $16 to $31 | $21 to $38 | $28 to $46 | $8 to $13 |
Office | None | $18 | $16 to $21 | $15 to $24 | $18 to $26 | $5 to $8 |
Restaurant/Fast Food | None | $12 | $13 | $25 to $32 | $30 to $42 | $10 to $35 |
Tenant Type | Fair | Average | Good | Average Operating Costs |
---|---|---|---|---|
Condo Bays | $10 to $16 | $10 to $20 | $11 to $24 | $3 to $6 |
Industrial Office | $4 | $6 to $10 | $8 to $18 | $3 to $8 |
Warehouse | $6 to $7 | $6 to $11 | $7.50 to $13 | $2 to $6 |
Source: City of Airdrie Assessment January 2021. The above noted lease ranges are pursuant to the municipal government act utilizing typical market conditions in the municipality and do not include additional operational cost that may occur.