1/8Unknown
Unknown, ON
$179,900 total
1,659 SF
Asset Class
Retail
Size
1,659 SF
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
$108
Occupancy
92%
Year Built
1977
About this property
An established Chinese restaurant offering approximately 1,659 SF of space, the restaurant specializes in authentic Sichuan cuisine and benefits from a convenient location along a major commercial corridor, just minutes from Downtown Calgary. Surrounded by established residential communities and commercial amenities, the property offers convenient access to major transportation routes. This is an ideal opportunity for an owner-operator or entrepreneur looking to take over an existing restaurant business, continue the current concept, or introduce a new food concept, subject to landlord approval. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$831
Projected NOI
$10K
Annual cash flow
$446
Cash-on-cash
0.83%
DSCR
1.04
Going-in cap
5.79%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 775 SF | 2033-08 |
| Blue Harbour Design | 400 SF | 2033-08 |
| Blue Harbour Design | 400 SF | 2033-08 |
| Blue Harbour Design | 400 SF | 2033-08 |
Area demographics
Trade area within 3 miles of the property.
Population
56,711
Households
20,359
Median income
$87,000
Median age
40.2
Daytime population
75,949
5-yr growth
1.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unknown.
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.