Edmonton
Edmonton, AB T5J1A7
$99,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
99%
Lot Size
0.4 ac
About this property
This is an opportunity to acquire a Japanese ramen restaurant business located in a prime downtown area, immediately adjacent to a major LRT station. Thelocation offers strong accessibility and consistent pedestrian traffic, supported by surrounding off ice towers, institutional users, and high-density residentialdevelopments. The premises feature a modern, high-quality interior build-out with an efficient layout suitable for restaurant operations. The space provides arefined dining environment and is well positioned to serve both daytime and evening clientele. The business offers flexibility for the incoming purchaser. Thebuyer may elect to continue operations under the existing franchise system, subject to franchisor approval, or alternatively convert the operation to anindependent, non-franchised concept. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$457
Projected NOI
$6K
Annual cash flow
$918
Cash-on-cash
3.09%
DSCR
1.17
Going-in cap
6.47%
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
49,494
Households
21,314
Median income
$66,000
Median age
38.2
Daytime population
63,836
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Edmonton.
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.