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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$38
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
FOR LEASE – 1,467 SF RETAIL / MULTI-USE SPACE IN TIMBERLEAMake a home for your business in this versatile 1,467 sq. ft. space featuring a large open retail area, 2-piece washroom, and rear storage or office area. This ground-floor, walk-up unit offers front and rear access, ample shared paved parking, and excellent visibility in one of Timberlea’s most active commercial corridors. The open layout provides flexibility for a wide range of uses, including retail, service, medical, health and wellness, boutique fitness, salon, or professional office.Prominently positioned at the corner of Millennium Drive and Powder Drive, this property is conveniently clustered with a strong mix of complementary businesses, including Boston Pizza, Independent Foods, Circle K, Renu Fitness Club (women’s gym), Benjamin Moore, Timberlea Licensing & Registry, Accel Physical Therapy, Premium Meats, Spoiled Rotten Salon & Spa, Drug Store, and Pizza Plus Restaurant. Located within The Cortona Suites, which offer fully furnished accommodations with flexible rental options, this space benefits from consistent local traffic and a built-in customer base.Situated in the heart of the Timberlea business district, this location provides excellent exposure and accessibility, serving the majority of Timberlea and Eagle Ridge residents and within minutes of major routes and amenities. Zoned C3 – Commercial Mixed Use, with operating costs of $8.00 PSF, taxes of $4.00 PSF, and utilities metered separately, this space offers affordability and convenience in one of Fort McMurray’s most desirable neighbourhoods.This is an excellent opportunity to establish your business in a flexible, high-traffic location surrounded by thriving local operators and essential community services. (id:39198)
Location
Province
Alberta
City
Fort Mcmurray
Address
Millennium
Postal Code
T9K2S8
Location Highlights
N/A
Listed by
COLDWELL BANKER UNITED Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
1,467
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Sq. Ft. Rate
$38
Asking Price
$38
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,467
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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