357 Bannatyne Avenue – NorthWest Healthcare Properties

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Medical Offices For Lease In Winnipeg

357 Bannatyne Avenue

357 Bannatyne Avenue, Winnipeg, Manitoba, Canada
Spaces For Lease
Tenants
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Physicians
Square feet

Property Description

357 Bannatyne Ave is one of three properties located in a two-block radius, comprising of the Hargrave Place portfolio. This two-storey, 9,636 square foot building is conveniently situated in Winnipeg’s Exchange District near the downtown core, the St. Boniface General Hospital and the Winnipeg Health Sciences Centre. The property has recently gone under interior and exterior renovation and is suitable for a variety of tenancies.

Additional Details

Features

Location

Winnipeg Medical Offices For Lease

Suite #201
5,115 sq.ft.

Available:

Immeditaly

Asking Rent:

$12.95 per sq.ft.

Additional Rent:

Floorplan:

Suite 201 is a spacious, 5,115 square foot office space. This suite is situated on the upper level of a two-storey office building and features a large reception area, multiple private offices, two in-suite washrooms, a kitchenette, and direct elevator access from the main floor lobby. Suite 201 has recently gone under improvements but can be redesigned to suit a new desired layout or use. Available for immediate occupancy.
Interior Images

*Asking rent is negotiable. Additional rent estimate is subject to change.

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Tenant Services

We continually assess current practices and industry trends to improve and enhance your satisfaction.

Why Lease Medical Office Space With NorthWest?

Our commitment to our tenants is simple – to provide quality space and service – at a great value.

Our approach to this commitment is through hands-on and proactive property management.  We boast dedicated teams with years of experience in healthcare real estate operations who are motivated by the challenge of delivering great service day after day to you and your patients.

We're Wired Certified!

The property has recently joined an elite group of buildings by receiving a Wired Certified rating.

Wired Certified guarantees that measures have been taken to reduce the risk of connectivity loss and interruption.  The building can support tenant connectivity needs with confidence.

As a landlord, ensuring that you receive the best possible experience as a tenant is important to us and we are committed to maintaining NorthWest Healthcare Properties’ position as a market leader and pioneer in digital connectivity.

Additional Services Available to You

Space Planning & Design

Our healthcare designers will help you create the perfect office space 

Our Team

Construction Management

A  specialized construction team will bring your vision to reality.

male-electrician-fixing-electric-sign-on-the-ceiling

Building Maintenance

Our maintenance team is on call 24 hours a day, 365 days a year.

Online Work Order System

Simply message our support team to get all your needs addressed.

Additional Services

Space Planning & Design

Our healthcare designers will help you create the perfect office space 

Our Team

Construction Management

A  specialized construction team will bring your vision to reality.

male-electrician-fixing-electric-sign-on-the-ceiling

Building Maintenance

Our maintenance team is on call 24 hours a day, 365 days a year.

Online Work Order System

Simply message our support team to get all your needs addressed.

Building Partners

Our Greatest Asset is the Relationships We Cultivate with Our Tenants.

Main Tenants at 357 Bannatyne Avenue

Our properties are typically full-service medical office buildings, thoughtfully curated with a mix of high quality professional, medical, clinical, laboratory, diagnostic, and pharmaceutical space.

Your Support Team

NorthWest employs a unique team-based approach that combines real estate expertise with specific knowledge of leasing medical office space to meet the specialized needs of our healthcare tenants.

What Our Tenants Have To Say

Our Greatest Asset is the Relationships We Cultivate with Our Tenants

Frequently Asked Questions..

We Have Your Answers

We know that leasing medical office space is a big undertaking.  There’s a lot of questions that need to be answered.  We’re here to help you each step of the way.

The amount of space you require will vary depending on the nature of your business and the efficient use of space you select. We suggest that you meet with a medical space planning specialist to help you get accurate numbers.

In addition to your net rental rate, most commercial leases are structured such that you also pay additional rent, which covers the landlord’s operating and common area maintenance costs. These costs include, but are not limited to, insurance, building and grounds maintenance, property taxes, janitorial services, utilities, etc.

In most cases tenants are personally responsible for telecommunications expenses (phone and internet), cable, electronic medical records services, premises insurance, and maintenance/repairs for equipment, furnishings, and finishes within their premises.

During a typical lease negotiation, leasing proposals are used as a tool to determine terms and conditions acceptable to both landlord and tenant. This will precede an offer to lease outlining the final position of both parties followed by the formal lease agreement. It is typically accompanied by a leasing deposit, generally equivalent to two months’ gross rent, representing first month’s rent as well as a security deposit.

The tenant and/or landlord may not be legally bound to commit to the premises until the various conditions are satisfied. 

Most commercial leases allow the tenant to sublease the premise or assign their lease, with approval by the landlord. Typically, the lessor is unable to unreasonably withhold consent to a transfer request. A prudent lessor will consider the strength of the contract being offered by the incoming tenant and will decline to accept a transfer that could potentially compromise their financial position or security.

A tenant inducement is any incentive or consideration offered to the tenant to sign or renew a lease. This may include a financial contribution to build out the space (either in the form of a tenant allowance or landlord’s work), early occupancy, free rent, etc.this expense.

Tenant improvement allowances are expressed in square feet, so a T.I. allowance of $50 / sq ft for a 1,000 sq ft office would result in a payment of $50,000. T.I. allowances are larger for longer leases, as the landlord has longer to recoup this expense.  The size of the allowance differs with the quality of the building project, the condition in which the space is delivered for construction (i.e., Is HVAC ductwork in place? Has the ceiling been “dropped”?)

Rentable square feet equalS the basis for your rent. Usable square feet equals the actual square footage of your office. The difference between usable and rentable square feet is a pro rata share of the building’s common area — like public hallways, the lobby, public restrooms, etc.

Gross rent is the rent calculated inclusive of all building costs, whereas net rent is rent calculated excluding building costs. Face rent is the quoted rental rate before taking into account inducements or increases, whereas effective rent is the rental rate averaged out over the term of the lease, including inducements.

Both a construction allowance and landlord’s work are types of tenant inducements provided to the tenant to make improvements made to the space. A construction allowance is an amount paid from the landlord to the tenant to cover some or all of the costs of the renovation/build-out, wherein the tenant is responsible for coordinating the work. Landlord’s work is an agreement for the landlord to pay for and coordinate the renovation/build-out of the premises according to approved plans.

Contact Us

NorthWest Healthcare Properties is here to provide you with information, answer any questions you may have and help you find the right medical office for lease for your individual needs.

We strive to provide the best service possible with every contact!

We operate in an industry built on trust.  This can only be achieved through communication and experienced support – from your first contact to your lease anniversary. 

PROPERTY ADDRESS:

357 Bannatyne Avenue, Winnipeg, Manitoba, Canada

HEAD OFFICE ADDRESS:

180 Dundas Street West, Suite #1100, Toronto, ON, M5G 1Z8

PHONE:

416-366-2000

EMAIL

leasing@nwhreit.com

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Tell us about your business needs.

The more we know, the more we can help you find the right space.