





1/71978 Kensington Road NW, Calgary, AB T2N3R5
$74,999 total
951.97 SF
Asset Class
Specialty
Size
951.97 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$79
Occupancy
90%
Year Built
1992
Lot Size
0.4405885056562372 ac
An excellent opportunity to acquire a fully operational vape shop in the desirable Kensington area of NW Calgary. Offered at an asking price of $75,000, this business is ideal for an entrepreneur looking to become their own boss or an existing operator seeking to expand their retail presence. Recently opened by the current owner, the shop features completed leasehold improvements, fixtures and equipment, all included in the purchase price. The business operates under a five-year lease signed in its first year, with a monthly base rent of approximately $2,300. Inventory is separate and not included in the asking price. This is an opportunity to take over a newly established retail operation with an existing setup in a sought-after NW Calgary location. Further business information, financial details and lease documentation will be made available to qualified buyers upon signing an NDA. Please do not approach staff or visit the premises to discuss the sale without prior authorization. All inquiries and showings must be arranged through the listing associate. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$346
Projected NOI
$5K
Annual cash flow
$834
Cash-on-cash
3.71%
DSCR
1.20
Going-in cap
6.65%
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 |
|---|---|---|
| Blue Harbour Design | 400 SF | 2034-10 |
| Blue Harbour Design | 400 SF | 2034-10 |
| Blue Harbour Design | 400 SF | 2034-10 |
| Blue Harbour Design | 400 SF | 2034-10 |
Trade area within 3 miles of the property.
Population
135,179
Households
46,649
Median income
$137,000
Median age
36.8
Daytime population
134,680
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1978 Kensington Road 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.