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#110, 129 Leva Avenue
$110,000 Rent
Listed 2 hours ago
· 0
· 0.0
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· 1492
Key Facts
Key facts for #110, 129 Leva Avenue
Property Type
Commercial, Retail
Parking
Garage: No, 0 parking
MLS #
A2254590
Size
1492 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
An exceptional opportunity to acquire the only bubble tea shop in Alberta with drive-thru service, located in the vibrant Gasoline Alley corridor. Spanning 1,492 sq. ft., this fully built-out space is designed for seamless dine-in and drive-thru operations, surrounded by a strong mix of national and... local businesses that generate steady traffic to the area.The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor.This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information. (id:10452)
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Listing courtesy of: TREC The Real Estate Company
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