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Retail Space For Rent at 120 50 Street in Innisfail, Alberta

4 Sale ID #217386
Updated 06 May 2024

Sq. Ft. Rate

$16

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Last 1,635sqft UNIT AVAILABLE - PRIME RETAIL - in the busiest shopping center in Innisfail. Located between IDA, Dollarama, and ACE Liquor, this space has some of the best visibility in town. With a newly renovated exterior, and built out interior, this space gives a tenant the ability to move in quickly and start making money in month one! Current interior build out includes a front retail space, a rear office, rear storage area and a bathroom. Located just of 50th Street, this property sees well over 6,000VPD. Low NNN estimated at $5.05/sqft for 2024. Space is currently Tenanted, please do not enter unit without approval from listing agent. (id:39198)

  • MLS® : #A2114954
  • Date Listed : 19 Mar 2024

Location

Province

Alberta

City

Innisfail

Address

120 50 Street

Postal Code

T4G1C2

Location Highlights

N/A

Listed by

Sundance Realty & Management Inc. Alberta listing

Category

retail-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

1,635

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$16

Asking Price

$16

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,635

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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