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CAABRural Red Deer CountyGasoline Alley129 Leva Avenue
110 - 129 Leva Avenue, Home with 0 bedrooms, 0 bathrooms and null parking in Rural Red Deer County AB | Image 1
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$110,000

110 - 129 Leva Avenue, Rural Red Deer County, AB

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 9
Approx. Age 
MLS® Number A2254590

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberA2254590
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Seller to provide asset list upon accepted offer.

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