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7777 Weston Rd - The Shops at Centro Square 1,274 SF Condo Units Offered at $99,000 - $1,140,000 CAD Per Unit in Vaughan, ON L4L 0G9

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INVESTMENT HIGHLIGHTS

  • High end retailers in the area
  • Solid anchor tenants
  • Modern design

EXECUTIVE SUMMARY

A Fully Renovated, High End Custom Designed Retail Store Located At Centro Square, A High Traffic Shopping Mall In A Densely Populated Area. 1274SF Modern Retail Space. Best Location w/Store Front Facing Hwy 7 & Mall (Dual Entrance). Centro Square at Weston/Hwy 7 is Close to Hwy 400&407, VIVA, Subway In the Heart of Vaughan.

PROPERTY FACTS

Total Building Size 297,142 SF
Property Type Retail
Building Class A
Floors 2
Typical Floor Size 60,000 SF
Year Built 2018
Lot Size 4.84 AC
Parking Ratio 2.69/1,000 SF
Zoning C9 - Commercial

AMENITIES

  • 24 Hour Access
  • Food Court
  • Security System
  • Enclosed Mall
  • Wheelchair Accessible
  • Air Conditioning

2 UNITS AVAILABLE

Unit 106

Unit Size 1,274 SF
Price $1,140,000 CAD
Price Per SF $894.82 CAD
Condo Use Office/Retail
Sale Type Investment
Sale Conditions Lease Option
DESCRIPTION

Other Businesses Include High End Jewelry stores, Pharmacy, Medical Offices, Professional Offices, Restaurants, Spas etc.

SALE NOTES

A Fully Renovated, High End Custom Designed Retail Store Located At Centro Square, A High Traffic Shopping Mall In A Densely Populated Area. 1274SF Modern Retail Space. Best Location w/Store Front Facing Hwy 7 & Mall (Dual Entrance).

Unit 107

Unit Size 1,274 SF
Price $99,000 CAD
Price Per SF $77.71 CAD
Condo Use Retail
Sale Type Investment or Owner User
DESCRIPTION

Kungfu Tea is the current tenant of this unit.

SALE NOTES

Fantastic opportunity to take over a Kungfu Tea franchise in Vaughan, located in the Centro Square Mall with store fronting Hwy 7. This prime location benefits from dense foot traffic from residents and office workers living/working in this multi-use complex with 2 condo buildings, a retail mall and an office building attached. Kungfu Tea (Weston/Hwy 7) has achieved remarkable profits since its launch in 2021. This busy tea shop with a base of loyal customers benefits from the global reputation and support of the internationally renowned Kungfu Tea franchise. With a proven business model and strong brand recognition, sales remain consistent through both walk in and online orders regardless of season. Investing in Kungfu Tea (Weston/Hwy 7) is buying a fully operational business without paying the initial Franchise fee, renovation cost, and all the equipments and materials needed to startup the business. Franchisor paid an initial setup cost over $230k. This sq ft unit has a modern interior, a washroom and comfortable table/sitting area. Mall provides 3 hr free customer parking. 5 yr lease ends on Dec 31, 2026 with a 5 yr renewal option. 2025 monthly net rent $4034.33 + TMI and CAM $2328.38. Full training and support will be provided by the franchisor. This complete turn-key operation is an opportunity you don't want to miss. You can also turn it into other brand of cafe/fast food/restaurant if you wish. (41242134)

Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Coffee Time
CIBC
Fortinos
GoodLife Fitness
Starbucks
Hero Certified Burgers
Milestones Grill + Bar
Pür & Simple
California Sandwiches
  • Listing ID: 33392972

  • Date on Market: 2024-10-03

  • Last Updated:

  • Address: 7777 Weston Rd, Vaughan, ON L4L 0G9

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