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HIGHLIGHTS
- Heavy daytime traffic
- Turn-Key Porfolio
- Emble parkings
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $60,304 CAD/YR $5,025 CAD/MO | Triple Net (NNN) |
601-617 Cedar Ave - 1st Floor
Business for Sale $350,000 – Cold Beer Restaurant with Liquor License. Located in the busy Parkview Court Shopping Plaza. Opportunity to acquire a fully equipped Cold Beer Restaurant with liquor license, offering 30+ seating capacity and ample parking. This turnkey establishment is positioned in a high-traffic shopping center with strong visibility and customer flow. Highlights: Spacious dining area with seating and grocery section. Variety of drinks in coolers and vendor gaming machines for customer recreation Behind the counter: large commercial kitchen, private office, and extensive storage. Three (3) walk-in freezers/coolers. Customer restrooms for convenience. Lease assignment available. All inventory available separately (not included in listing price). Important Notes: Proof of funds required prior to scheduling a showing. Do not disturb employees or business operations at the location. This is a fantastic opportunity for an operator or investor seeking a well-located restaurant business with strong potential.
- Lease rate does not include utilities, property expenses or building services
- Neighbor plaza
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PARKVIEW COURT SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CSL Plasma
- Health Care
- 367
- International
- Doral Cleanerers
- Cleaners
- 1
- -
- Lab Corp
- Health Care and Social Assistance
- -
- -
- Parkview Business Center
- -
- 1
- -
- Parkview Pizza & Fried Chicken
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CSL Plasma | Health Care | 367 | International |
| Doral Cleanerers | Cleaners | 1 | - |
| Lab Corp | Health Care and Social Assistance | - | - |
| Parkview Business Center | - | 1 | - |
| Parkview Pizza & Fried Chicken | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 2,400 SF | Center Properties | 1 |
| Center Type | Strip Center | Gross Leasable Area | 24,632 SF |
| Parking | 50 Spaces | Total Land Area | 31.64 AC |
| Stores | 6 | Year Built | 1964 |
| Total Space Available | 2,400 SF |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Gross Leasable Area | 24,632 SF |
| Total Land Area | 31.64 AC |
| Year Built | 1964 |
ABOUT THE PROPERTY
Turn-Key Business for Sale $350,000 – Cold Beer Restaurant with Liquor License. Located in the busy Parkview Court Shopping Plaza. Opportunity to acquire a fully equipped Cold Beer Restaurant with liquor license, offering 30+ seating capacity and ample parking. This turnkey establishment is positioned in a high-traffic shopping center with strong visibility and customer flow. Highlights: Spacious dining area with seating and grocery section. Variety of drinks in coolers and vendor gaming machines for customer recreation Behind the counter: large commercial kitchen, private office, and extensive storage. Three (3) walk-in freezers/coolers. Customer restrooms for convenience. Lease assignment available. All inventory available separately (not included in listing price). Important Notes: Proof of funds required prior to scheduling a showing. Do not disturb employees or business operations at the location. This is a fantastic opportunity for an operator or investor seeking a well-located restaurant business with strong potential.
NEARBY MAJOR RETAILERS
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Parkview Court Shopping Center | 617 Cedar Ave
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