An exceptional opportunity awaits to own a well-established 2,781 sqft restaurant business in a prime NW Calgary location. This business is for sale, and there is also an option to sublease. The restaurant features a fully equipped kitchen and offers sheesha, adding to its appeal and versatility. Strategically positioned with excellent exposure on a high-traffic street, this location provides significant growth potential for a new owner. Whether you're looking to expand your current operations or enter the restaurant industry, this turnkey operation is ready for your vision and leadership. Don’t miss out on the chance to own a successful restaurant in one of Calgary's most sought-after areas! ***The current base rent for the property is $7,416 per month, with operating costs at $4,574.62 per month, totaling $11,990.62.*** For the coming years, the base rent will increase as follows: $33/sq ft for 2025-2026, $34/sq ft for 2027, $34.68/sq ft for 2028, $35.37/sq ft for 2029, $36.08/sq ft for 2030, $36.80/sq ft for 2031, and $37.54/sq ft for 2032. (id:47421)
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Detailed Information
Lease Time
Yearly
Listing Contract Date
2024-08-28
Property Type
Business
Transaction Type
For sale or rent
Building
Constructed Date
1990
Size (Exterior)
2781 square feet
Total Finished Area
2781 sqft
Type
Retail
Land
Total Size
Unknown
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