
1/2Unknown, ON
$699,000 total
3,480 SF
Asset Class
Retail
Size
3,480 SF
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
$201
Occupancy
85%
Year Built
1973
Excellent opportunity to own an established grocery store just over an hour drive from Calgary. This well-established business is the only grocery store in town. The store serves a loyal local customer base while also benefiting from seasonal visitors and tourists travelling to nearby Lake McGregor, a popular destination for camping and outdoor recreation. The store offers a wide selection of everyday grocery essentials, fresh produce, meats, and other popular grocery items to meet the needs of the community and surrounding areas. With an established customer base, strong market position, and potential for further growth, this is an excellent opportunity for an owner-operator or an investor looking to acquire a well-established business. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$2K
Cash-on-cash
1.13%
DSCR
1.06
Going-in cap
5.88%
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 |
|---|---|---|
| Vector Robotics | 1,267 SF | 2031-01 |
| Vector Robotics | 1,702 SF | 2031-01 |
Trade area within 3 miles of the property.
Population
130,295
Households
48,986
Median income
$75,000
Median age
42.9
Daytime population
112,553
5-yr growth
9.2%
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.