Gateway Market Convenience Store For Sale - The Shops at Pickering Ctr

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Gateway Market Convenience Store For Sale - The Shops at Pickering Ctr - 1355 Kingston Rd, Pickering, ON

For Lease $ 190,000
LOCATION: Pickering 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 | Smoke Shops for Sale | Smoke Shops for Sale | Smoke Shops for Sale | Variety Stores for Sale

The Shops at Pickering City Center is your unique opportunity to get in at the “ground floor” of one of the largest masterplan communities in Canada. Join a growing list of national retailers and become a cornerstone of the new downtown Pickering. With 10+ mixed-use towers and 6,000+ new residences coming to Pickering City Centre, retailers will have immediate access to 10,000+ future customers.

Highlights:

·The City of Pickering's current population stands at 100,000 people and is expected to grow by over 50% over the next 15 years.

·The population consists predominantly of young families with an average household income of $135K.

·Direct access to the Pickering GO station via an enclosed bridge driving over 3.5 million customers to The Shops at Pickering City Center annually.

·The Shops at Pickering City Center offers shoppers abundant free ground level parking, giving shoppers the convenience to shop and dine without hassle.

Size: 444 sq. ft. approximately

Type: Mall

Term: 5 Year with 5 Year Option

Royalty: 3.5% of Tobacco, General Merchandise, and Food, 10% of Lottery Commissions

Franchise Fee: $30K+HST

Monthly Rent: $5,000/mo +HST, including TMI, excluding Utilities

$145,000 - 190,000

*Construction & Equipment estimate varies by size & space condition

*Inventory estimate $15,000 – 35,000; varies by store size and categories