Business For Sale · Retail

145, 150 Nolanridge Court NW, Calgary

145, 150 Nolanridge Court NW, Calgary, AB T3R1W7

$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

About this property

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)

Financial sandbox

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Estimate
Purchase price$155K
Down payment30% · $47K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics793 SF2033-10
Northbridge Logistics400 SF2033-10

Area demographics

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.

Secure deal room

Confidential diligence documents for 145, 150 Nolanridge Court NW, Calgary.

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.