







1/93532 137 Ave, Edmonton, AB T5Y1Y7
$80,000 total
0 SF
Asset Class
Specialty
Size
0 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
91%
Year Built
1980
Confidential restaurant asset sale with lease takeover. Business name and exact location will be disclosed only after execution of an NDA. This offering is for the restaurant assets and leasehold improvements only.An excellent opportunity for an owner-operator, chef, experienced restaurateur or entrepreneur seeking a fully built-out food-service space without the substantial cost and time required to start from scratch. The approximately 1,088 sq. ft. main-floor premises are configured for fast-food, donair and Mediterranean restaurant use and include a functional service counter, commercial kitchen, food-preparation areas and seating for approximately 16 guests.The extensive equipment package includes a commercial oven, walk-in refrigerator, walk-in freezer, three vertical gyro machines, separate donair preparation stations, warmer, commercial grill, two deep fryers, commercial gas stove, three-door beverage cooler, four digital menu screens and additional restaurant equipment.The existing lease runs until February 28, 2031, and includes common parking. The purchaser may introduce their own name, menu and concept.Ideal for continuing a fast-food restaurant or shawarma, donair or other concepts, or launching another approved fast-food operation, or starting your own franchise. Lease details will be provided to qualified purchasers after the NDA is completed. (id:66811)
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Monthly debt service
$369
Projected NOI
$5K
Annual cash flow
$986
Cash-on-cash
4.11%
DSCR
1.22
Going-in cap
6.77%
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.
Trade area within 3 miles of the property.
Population
71,133
Households
32,166
Median income
$67,000
Median age
41.2
Daytime population
87,935
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3532 137 Ave, Edmonton.
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.