Interested?
If you are interested in receiving more information or scheduling a viewing of this property, call Nicholas Golden today.
(780)-498-6437Key Details
| MLS® Number: | 45302174 |
|---|---|
| Property Type: | Retail |
| Bedrooms: | 0 |
| Bathrooms: | |
| Fireplace: | No |
Courtesy of Nicholas Golden, RE/MAX Professionals
Interested?
If you are interested in receiving more information or scheduling a viewing of this property, call Nicholas Golden today.
(780)-498-6437Listing Description
Retail Shopping Centre: Fully occupied by 5 tenants—Food Store, Gibbons Liquor Loft, Prime Pizza and Donair, Pit Stop Pub, and Lee’s Restaurant. Built-in Growth: Long-term leases in place featuring built-in rental escalations (e.g., Food Store increases to $11.00/SF; Prime Pizza has scheduled step-ups in Years 3 and 5). Bonus: Two Businesses with extra income:Pit Stop Pub: Beyond standard property rental income, the asset includes the operations of the owner-operated Pit Stop Pub: Robust VLT Income: Delivers $7, 500+/month in gaming commissions ($90.4k in FY25)Liquor Loft: also owned by the plaza owner. It delivers $914k 3-yr avg gross sales ($147k avg margin), plus massive upside by cutting $178k+ in hired staff overhead.
Key Details
| MLS® Number: | 45302174 |
|---|---|
| Property Type: | Retail |
| Bedrooms: | 0 |
| Bathrooms: | |
| Fireplace: | No |
