




1/6221 GLENDALE AVENUE, St. Catharines (Glendale/Glenridge), ON L2T2K9
$289,000 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
US — Urban Services
$ / SF
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Occupancy
87%
Turnkey bubble tea franchise resale in Niagara's premier regional shopping centre. Located in the Pen Centre, Niagara's largest enclosed mall (1.1M+ sq. ft., 180+ stores, daily exposure to a high-volume family and student trade area). This 1,137 sq. ft. inline food service unit is an established, fully built-out location with all equipment, fixtures, leasehold improvements and signage in place - simply step in and operate.The brand is a world-leading international bubble tea concept with 2,500+ locations across 53 countries, backed by strong corporate support, national marketing, proprietary supply chain and ongoing new-product development. Compared with opening a brand-new location (where total investment typically runs $480,000-$680,000 all-in), this resale offers an established trade, trained staff and immediate cash flow at a fraction of the build-out cost.Lease runs to March 2034 with additional renewal options; franchise agreement has two further renewal terms. Ideal for an owner-operator or an existing multi-unit operator looking to add a profitable, high-visibility unit in one of the Niagara Region's strongest retail nodes. Showing by appointment only - please do not approach staff or walk in directly. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$-617
Cash-on-cash
-0.71%
DSCR
0.96
Going-in cap
5.33%
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
98,964
Households
44,543
Median income
$81,000
Median age
44.1
Daytime population
91,303
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 221 GLENDALE AVENUE, St. Catharines (Glendale/Glenridge).
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.