4932 51 Ave, Tofield, AB T0B4J0
Price on request
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Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
91%
Year Built
1987
Lot Size
0.16069999999999998 ac
Tofield Pizza & Donair (Business Sale Only) – an established business with approximately 28 years of history in Tofield, roughly 30 minutes from Edmonton’s eastern outskirts. Well suited to a hands-on owner-operator or family seeking affordable overhead and room to grow. Currently run under absentee ownership, with seller-reported monthly revenue of $15,000–$18,000. The premises offer 2,400+ sq ft with substantial under-utilized space. A new 10-year lease is in place with no rent escalation; rent is approximately $2,000/month and utilities approximately $700/month. No menu restrictions, so a new owner can introduce new food concepts, expand the menu or develop catering. Potential to add alcohol service or complementary products and services, subject to licensing, zoning and landlord approval. Seller financing is available up to 50% for qualified buyers only. Business sale only; real estate is not included. All financial figures and lease details are provided by the seller and must be verified by the buyer. Travel times vary by starting point. Please do not approach staff. All showings must be coordinated through the listing REALTOR®. (id:66811)
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Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
57,905
Households
21,382
Median income
$128,000
Median age
34.7
Daytime population
81,322
5-yr growth
2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4932 51 Ave, Tofield.
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.