









1/11901 64 Avenue NE, Calgary, AB T3J5R7
$449,900 total
1,350 SF
Asset Class
Specialty
Size
1,350 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$333
Occupancy
88%
Year Built
2019
Turnkey franchise restaurant opportunity in Calgary’s popular Deerfoot City. This well known franchise business generates over $1 million in annual gross sales, and offers a highly visible, convenient location within a vibrant shopping and dining destination, surrounded by retail stores, services and entertainment. An excellent opportunity for a hands-on owner-operator to step into an established business with employees already in place. Part of a recognized franchise with locations across Canada, including Calgary and Toronto, this fast-casual restaurant serves a crowd pleasing selection of gourmet grilled sandwiches, burgers, chicken sandwiches, loaded poutines and more. The business accommodates dine in, takeout and delivery, offering several ways to serve customers. Featuring a stylish, upscale interior, an inviting seating area and a fully equipped commercial kitchen, this beautifully presented store offers a modern, ready-to-operate setup. Equipment was purchased brand new for the store’s setup, and an equipment list is available. Established franchise systems and existing operations provide a strong foundation for an incoming owner. Affordable lease terms and approximately six years remaining, subject to confirmation of the lease commencement and expiry dates. An appealing opportunity to take over an operating restaurant without starting the build-out from scratch.Financial statements, lease details and other confidential business information will be provided upon signing a non-disclosure agreement. Business name withheld for confidentiality. Please contact the listing agent for further information and to arrange a private viewing. Do not approach staff directly. Sale subject to applicable landlord and franchisor approvals. (id:66811)
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Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$-130
Cash-on-cash
-0.10%
DSCR
0.99
Going-in cap
5.51%
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 |
|---|---|---|
| Meridian Health Group | 593 SF | 2032-03 |
| Meridian Health Group | 400 SF | 2032-03 |
| Meridian Health Group | 400 SF | 2033-03 |
Trade area within 3 miles of the property.
Population
108,591
Households
50,541
Median income
$90,000
Median age
32.3
Daytime population
114,417
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 901 64 Avenue NE, 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.