Red Deer
FOR LEASE
$7,600
LEASE RATE · PER MONTH
MLS A2352514
BUSINESS · BUILT 1982
MLS A2352514 · 0 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
Turnkey quick-service restaurant in Red Deer, offered confidentially. Approximately 3,000 sq ft with dine-in seating, a bar area, takeout and a growing online delivery channel. The premises are fully built out with a commercial grease hood, fire suppression, walk-in cooler and freezer, fryers, flat grills and ovens, so a new owner can operate from day one. Currently part of a young, fast-growing Canadian franchise system with 22 locations and 30 expected by year end, territory rights for all of Red Deer, a 5% royalty and no marketing fund levy. The franchise is optional. A buyer may continue with the current brand or bring their own restaurant or pub concept, subject to landlord approval. Lease in place to 2030 with a renewal option. Business name, address and financials released to qualified buyers after a signed confidentiality agreement. Showings by appointment only. Please do not approach the business or staff directly. Lead image is a sample rendering.
DETAILS
TRANSACTION
- TRANSACTION
- For Lease
- LEASE PERIOD
- Monthly
- LEASE MEASURE
- Fixed
- LEASE TERM
- Renewal Option
BUILDING
- TYPE
- Business
- YEAR BUILT
- 1982
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 7,050
- LOT SIZE (ACRES)
- 0.16
COMMUNITY
- ZONING
- R-L
UTILITIES & COSTS
- ANNUAL TAXES
- $0