Gateway Market Convenience Store For Sale - Bayshore Shopping Centre

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Gateway Market Convenience Store For Sale - Bayshore Shopping Centre – 100 Bayshore Dr, Ottawa, ON

For Lease $ 20,000
LOCATION: Ottawa Ontario Canada
CATEGORY: Business For Sale
INDUSTRY: Convenience Stores & Lotto Businesses For Sale | Retail Businesses for Sale | Smoke & Vape Shops for Sale
LISTING TYPE: Convenience Stores for Sale | Variety Stores for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale

Bayshore Shopping Centre is the National Capital Region’s premier shopping destination, with a strong tenant mix and ideal geographic location. Situated in the rapidly growing western portion of the Ottawa-Gatineau area, Bayshore is a super-regional centre, home to over 170 stylish retailers over three levels.

In 2016, Bayshore completed a major redevelopment and expansion project, which included 340,000 square feet of additional retail space, 30 new stores, a newly relocated and expanded food court, enhanced Guest Services, as well as extensive interior and exterior renovations and upgrades.

Three new five-level structures contribute to the centre's offering of 4,000 complimentary parking spaces.

Bayshore is easily accessible by Hwy 416 and 417, Richmond Road, and public transit, Bayshore Shopping Centre is visited by nearly 8 million customers per year.

Size: 509 sq. ft.
Type: Mall
Term: 5 Years with 5 Year Option
Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions
Franchise Fee: $30K+HST
Monthly Rent: $5,233.79/mo +HST, including TMI, excluding Utilities

$10,000 - 20,000 *Construction & Equipment estimate varies by size & space condition
*Inventory estimate $15,000 – 35,000; varies by store size and categories