Gateway Market Convenience Store For Sale - 1055 11 Street SW, Calgary, AB

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Gateway Market Convenience Store For Sale - 1055 11 Street SW, Calgary, AB

For Lease $ 220,000
LOCATION: Calgary Alberta 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

Eleven is a new 44-storey mixed-use development with a retail podium at the base of a residential tower. Situated on the corner of 11th Avenue and 11th Street SW - the tallest building in the Beltline; between downtown west end and Beltline district, offering exposure to a lively daytime and nightlife scene. Fully leased tower; comprised of 369 rental units.

Five-minute walk from EB Downtown West-Kerby CTrain Station, Millennium Park and Bow River Pathway. Serving several nearby, densely populated, residential developments in the immediate trade area.

Offers 20,000 square feet of indoor and outdoor amenities for residents. Targeted uses: quick service and sit-down restaurants, specialty food, pet, beauty/wellness, medical, education, home furnishings, recreation/sport.

Size: 1314 sq. ft. approximately

Type: Condo building

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: $5,813.36/mo +HST, including TMI, excluding Utilities

$175,000 - 220,000 *Construction & Equipment estimate varies by size & space condition

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