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$149,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
96%
Turnkey Pizza restaurant for rebranding opportunity in Chatham. Also an option to run as a Maplecrust Pizza Brand. An excellent opportunity for an operator looking to introduce a new Pizza Brand, Franchise, or independent brand without starting from scratch. The premises feature a full commercial kitchen, walk-in Cooler, freezer, Pizza Oven and many more. Located in a busy Area in Chatham. This business enjoys excellent visibility and steady customer traffic, supported by a strong repeat customer base consisting of families, students, and local professionals. This Pizza Restaurant is offering an attractive opportunity for an owner-operator looking to enter the food service industry or expand an existing portfolio. One of the biggest advantages of this business is its exceptionally low operating overhead. The monthly gross rent is These favorable operating costs provide an excellent foundation for maintaining healthy business margins. The restaurant features a contemporary interior, professional setup, and fully equipped commercial kitchen, allowing the new owner to take over and commence operations without significant additional investment. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$688
Projected NOI
$9K
Annual cash flow
$990
Cash-on-cash
2.21%
DSCR
1.12
Going-in cap
6.21%
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
106,264
Households
46,552
Median income
$124,500
Median age
38.9
Daytime population
151,960
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 203 KING STREET W, Chatham-Kent.
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.