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$155,000 total
1,199 SF
Asset Class
Retail
Size
1,199 SF
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
$129
Occupancy
96%
Year Built
2020
An established pizza and Donair restaurant in the vibrant Nolan Hill community of NW Calgary is now available for sale. This well-loved eatery has built a strong reputation for its delicious menu, friendly service, and loyal customer base. Located in a high-traffic area, the restaurant enjoys excellent visibility and accessibility, attracting both regular patrons and new visitors. The restaurant is situated in a prime location within a bustling commercial district, surrounded by businesses, schools, and residential neighborhoods, ensuring a steady flow of customers. Known for its mouth-watering pizzas and authentic donairs, the restaurant has a strong local presence and a dedicated following. This is a turnkey operation, with the sale including all kitchen equipment, furnishings, and inventory, allowing for a seamless transition for the new owner. The restaurant has established takeout and delivery services, catering to the busy lifestyles of the community and expanding the customer base. There is significant growth potential by introducing new menu items or seasonal specials, extending operating hours to cater to more patrons, and tapping into the catering market for local events, parties, and corporate functions. This opportunity is ideal for an experienced restaurateur looking to expand their portfolio or an entrepreneur eager to dive into the food industry with a well-established and profitable business. Don’t miss this chance to own a beloved pizza and donair restaurant with a proven track record of success in the thriving community of Nolan Hill, NW Calgary. Contact us today to learn more and schedule a viewing. (id:66811)
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Monthly debt service
$716
Projected NOI
$9K
Annual cash flow
$595
Cash-on-cash
1.28%
DSCR
1.07
Going-in cap
5.92%
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 |
|---|---|---|
| Northbridge Logistics | 793 SF | 2033-10 |
| Northbridge Logistics | 400 SF | 2033-10 |
Trade area within 3 miles of the property.
Population
74,538
Households
26,746
Median income
$73,500
Median age
38.9
Daytime population
121,764
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 145, 150 Nolanridge Court 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.