Business For Sale · Retail

Edmonton

Edmonton, AB T5Z2W7

Price on request

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

97%

Year Built

1988

Lot Size

1.5 ac

About this property

Located on 91 Street just north of 167 Avenue in the established Lago Lindo neighbourhood of North Edmonton, 16745 91 Street NW offers 3,200 SF of fully built-out, turnkey restaurant space. The unit comes with all existing kitchen equipment and fixtures included, allowing an operator to open quickly without the time and cost of a full restaurant build-out. The property is surrounded by mature, family-oriented residential communities including Lago Lindo, Klarvatten, Belle Rive and Eaux Claires, providing a steady local customer base for dine-in, takeout and delivery. Convenient access to 167 Avenue and 97 Street, along with parking directly in front of the unit, makes the space easy to reach for customers and staff. With immediate possession available, this is an excellent opportunity for a restaurant or food-service operator looking to establish or expand in North Edmonton. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

50,067

Households

21,745

Median income

$136,500

Median age

38.4

Daytime population

72,659

5-yr growth

1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Edmonton.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.