
1/2Sage 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%
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)
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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.
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 400 SF | 2033-03 |
| Lakeview Physiotherapy | 400 SF | 2033-03 |
| Lakeview Physiotherapy | 400 SF | 2033-03 |
| Lakeview Physiotherapy | 400 SF | 2033-03 |
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.
Confidential diligence documents for Sage Hill NW, Calgary.
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.