




1/64401 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
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 400 SF | 2028-02 |
| Vector Robotics | 400 SF | 2028-02 |
| Vector Robotics | 400 SF | 2028-01 |
| Vector Robotics | 400 SF | 2028-01 |
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.
Confidential diligence documents for 4401 University Drive W, Lethbridge.
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.