JN REAL ESTATE GROUP

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

LISTING COURTESY OF BEN JAMES · KIC REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.