








1/10208, 2 Herbert Rd, St. Albert, AB T8N5T8
$174,900 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
83%
Lot Size
6.928548999081727 ac
Excellent opportunity to acquire a fully equipped restaurant/food-service setup in St. Albert through an asset sale with lease transfer. This approximately 943 sq. ft. space is already configured for food operations and features a functional front service area, customer seating, commercial kitchen, extensive stainless-steel prep space, refrigeration, walk-in cooler/freezer, exhaust system and other key food-service equipment, providing a strong foundation for a new operator without starting from scratch. Ideally positioned in a high-visibility location just off Anthony Henday Drive and Highway 2, the property offers excellent accessibility, exposure to nearby residential communities and abundant parking for customers and staff. A great opportunity for an operator looking to launch, relocate or expand a restaurant, takeout concept, café or other food-related business in a convenient St. Albert location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$808
Projected NOI
$8K
Annual cash flow
$-2K
Cash-on-cash
-3.01%
DSCR
0.84
Going-in cap
4.64%
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
133,490
Households
52,684
Median income
$125,000
Median age
36.1
Daytime population
135,352
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 208, 2 Herbert Rd, St. Albert.
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.