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$274,900 total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
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Occupancy
90%
This is a rare opportunity to acquire a spacious and fully equipped Indian restaurant located in a high-demand area. Spanning 6,000 sq. ft., the business features recent upgrades valued at $25,000, including new tandoors, gas ranges, refrigeration units, and a walk-in cooler and freezer. With a favorable lease in place until 2027 and operating costs included in rent, the restaurant is well-positioned for continued success. Ideal for experienced restaurateurs or investors seeking a turnkey operation with significant growth potential. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$18K
Annual cash flow
$2K
Cash-on-cash
2.97%
DSCR
1.16
Going-in cap
6.43%
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.
Trade area within 3 miles of the property.
Population
55,984
Households
19,374
Median income
$67,000
Median age
40.8
Daytime population
59,873
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1205 Trans Canada Highway, Golden.
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.