Business For Sale · Specialty

Sage Hill NW, Calgary

Sage Hill NW, Calgary, AB T3R1J1

$149,000 total

1,173 SF

Asset Class

Specialty

Size

1,173 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$127

Occupancy

94%

About this property

Give your restaurant a presence in one of Sage Hill NW’s largest shopping plazas. Multiple anchor tenants draw shoppers throughout the day, while convenient access and the surrounding residential communities make this a natural stop for lunch, dinner or takeout.Built less than a year ago, this fully operational restaurant features a 25-seat dining area, modern leasehold improvements and a professionally built commercial kitchen with equipment and brand-name appliances installed new at opening. Offered below replacement cost, the space gives an owner-operator a way to open in Sage Hill without the expense and lead time of a new buildout.Continue the existing burger-style concept or bring your own menu. The layout offers flexibility for Indian street food, Vietnamese, African or Filipino cuisine, among other possibilities. Any change of concept is subject to landlord approval.This offering is an asset sale and lease assignment only. Business financial statements will not be provided. A signed Confidentiality Agreement is required and is available in the listing supplements. Showings are by confirmed appointment only. Please do not visit the restaurant or approach staff without an appointment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$149K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$688

Projected NOI

$10K

Annual cash flow

$1K

Cash-on-cash

3.31%

DSCR

1.18

Going-in cap

6.53%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy400 SF2033-03
Lakeview Physiotherapy400 SF2033-03
Lakeview Physiotherapy400 SF2033-03
Lakeview Physiotherapy400 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

143,087

Households

54,944

Median income

$123,500

Median age

32.2

Daytime population

171,832

5-yr growth

8.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Sage Hill NW, Calgary.

NDA required
  • 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.