Business For Sale · Specialty

251, 200 Southridge Drive, Okotoks

251, 200 Southridge Drive, Okotoks, AB T1S0N8

$200,000 total

1,385 SF

Asset Class

Specialty

Size

1,385 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$144

Occupancy

86%

Year Built

2009

About this property

Amazing location, loyal customers, and the opportunity to be your own boss! This turnkey Marble Slab Creamery business in Okotoks is situated in a busy strip mall with strong foot traffic, placing it among neighboring businesses that draw shoppers to the area. Located just seconds from a school, it is perfectly positioned for after-school treats and convenient stops for students and families. Adjacent residential neighborhoods put an established customer base close by, making this a convenient destination for evening treats, weekend outings, and repeat visits. Upcoming townhome and condo developments nearby add further potential to attract new customers as the surrounding community grows. This combination of school proximity, residential surroundings, and an active retail setting makes the location a standout feature. The business also benefits from a loyal customer base and offers catering, extending its reach beyond the storefront and providing an additional revenue stream. With a recognizable brand and a turnkey operation, this is an excellent opportunity for an aspiring entrepreneur to step into business ownership or an existing operator looking to expand. Contact us today for more information! The potential Buyer/Realtor must sign confidentiality agreement for business information. Please don’t disturb owner or staff for any questions. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$924

Projected NOI

$12K

Annual cash flow

$583

Cash-on-cash

0.97%

DSCR

1.05

Going-in cap

5.83%

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
Northbridge Logistics768 SF2027-05
Northbridge Logistics400 SF2027-05
Northbridge Logistics400 SF2027-05

Area demographics

Trade area within 3 miles of the property.

Population

131,435

Households

46,022

Median income

$110,000

Median age

33.8

Daytime population

128,620

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 251, 200 Southridge Drive, Okotoks.

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.