UnknownUnknown — photo 2
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Business For Sale · Retail

Unknown

Unknown, ON

$150,000 total

2,241 SF

Asset Class

Retail

Size

2,241 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$67

Occupancy

84%

Year Built

2018

About this property

The price is firm! Its original owners spent over one million to set up the restaurant to meet the Chinook Centre requirements in 2018. This established sit- down Chinese dim sum restaurant offers an excellent location(next to shoppers and across from Chapters) with strong pedestrian traffic and excellent exposure within the mall. The space is well suited for an experienced restaurant operator looking to establish or expand a food-service business in a high-profile Calgary location. Convenient access to major roadways and public transit, with ample parking available at the shopping centre. It’s a great opportunity to be a part of chinook family! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$693

Projected NOI

$7K

Annual cash flow

$-1K

Cash-on-cash

-2.27%

DSCR

0.88

Going-in cap

4.86%

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
Halcyon Wealth Partners748 SF2030-01
Halcyon Wealth Partners449 SF2030-01
Halcyon Wealth Partners400 SF2030-01
Halcyon Wealth Partners413 SF2030-01

Area demographics

Trade area within 3 miles of the property.

Population

127,171

Households

55,591

Median income

$137,500

Median age

38

Daytime population

148,863

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for Unknown.

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.