
Unknown, ON
$130,000 total
1,080 SF
Asset Class
Specialty
Size
1,080 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$120
Occupancy
97%
An exceptional opportunity to acquire a profitable, well-established nail salon in a busy commercial plaza along Macleod Trail in SW Calgary. Operating successfully for 3 years, this beautifully maintained and fully equipped salon features 7 pedicure chairs, 6 manicure stations, and 3 private treatment rooms, offering ample space for a full range of nail and beauty services.One of the biggest highlights of this opportunity is the attractive below-market rental rate, providing a significant operating cost advantage and greater potential for profitability compared to similar commercial spaces. Even better, the lease offers 7 years remaining, plus an additional 10-year renewal option, giving the new owner long-term security and the benefit of maintaining this favourable rental arrangement.Enjoy excellent visibility in a busy commercial plaza with convenient access to a nearby CTrain station, attracting customers from surrounding residential and commercial communities. This profitable business is ideal for an owner-operator or investor looking to enter or expand in the beauty industry without the time and expense of building a salon from the ground up.A rare opportunity to take over a profitable, fully equipped salon with below-market rent, long-term lease security, and an excellent location! (id:66811)
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Monthly debt service
$600
Projected NOI
$10K
Annual cash flow
$3K
Cash-on-cash
6.99%
DSCR
1.38
Going-in cap
7.64%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 695 SF | 2029-01 |
| Cascade Foods Inc. | 400 SF | 2029-02 |
Trade area within 3 miles of the property.
Population
53,343
Households
20,206
Median income
$105,500
Median age
44
Daytime population
82,898
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
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.