Gateway Market Convenience Store For Sale - 8 Eglinton Ave E., Toronto, ON

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Gateway Market Convenience Store For Sale - 8 Eglinton Ave E., Toronto, ON

For Lease $ 125,000
LOCATION: 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

Located at the intersection of Yonge Street and Eglinton Avenue in Toronto, this mixed-use

development features 3 storeys of retail totaling 23,500 sq ft, 20,000 sq ft of office space, a 58-storey condominium and eCondos, a 36-storey rental residential tower, with a combined suite count of 1,089 units.

There is ample parking in the vicinity and excellent accessibility near a major intersection. It will also have direct subway and LRT access from one side.

A desirable location to service a desirable demographic with a Newsstand – Grab N Go Food – Lotto concept store.

Size: 189 sq. ft. approximately

Type: Office Tower

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: $3,858.75/mo +HST, including TMI, excluding Utilities

$100,000 - 125,000 *Construction & Equipment estimate varies by size & space condition

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