Business For Sale · Specialty

4401 University Drive W, Lethbridge

4401 University Drive W, Lethbridge, AB T1K3M4

$200,000 total

560 SF

Asset Class

Specialty

Size

560 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$357

Occupancy

92%

Year Built

1970

Lot Size

448.7234848484849 ac

About this property

An exceptional opportunity to acquire two established Subway franchise locations in Lethbridge, Alberta, offered together as a multi-unit investment opportunity. Both restaurants are strategically situated in established, high-traffic locations and benefit from the strong brand recognition, proven operating systems, and loyal customer base associated with one of the world's leading quick-service restaurant brands. The portfolio includes two distinct locations: a standalone drive-thru restaurant and a food court location within a university student union building, offering diversified operating environments and customer demographics. With combined annual revenues exceeding $1 million, the two locations are being offered together for $850,000. This represents an attractive opportunity for an owner-operator, established franchisee, or entrepreneur seeking immediate scale and entry into the quick-service restaurant (QSR) industry through an established and recognized franchise system. Attached 2nd listing (A2357129) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$924

Projected NOI

$14K

Annual cash flow

$3K

Cash-on-cash

4.95%

DSCR

1.27

Going-in cap

7.03%

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
Prairie Coffee Roasters400 SF2028-02
Vector Robotics400 SF2028-02
Vector Robotics400 SF2028-01
Vector Robotics400 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

102,401

Households

39,150

Median income

$67,500

Median age

38

Daytime population

109,294

5-yr growth

1.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4401 University Drive W, Lethbridge.

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.