Restaurants in R3M available for sale
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R3M Restaurant for Sale

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More details for 1544 Portage Avenue - Olive Garden – Retail for Sale

1544 Portage Avenue - Olive Garden

  • Retail for Sale
  • 25,268 SF
  • 3 Retail Properties

Portfolio of properties for Sale

CBRE Limited (“CBRE” or the “Advisor”) is pleased to offer for sale, a Single Tenant Retail Portfolio comprising three free-standing locations fully leased to Olive Garden in Edmonton, Alberta and Winnipeg, Manitoba (the “Portfolio” or “Offering”). Totaling 25,268 SF, an investor is presented with the ability to acquire a premier street-front retail opportunity with a weighted average lease term remaining of 9.1 years. The Portfolio leases are absolute net to the landlord and incorporate annual contractual rental rate increases that provide an investor with the coveted combination of income security and contractual growth, in locations featuring excellent exposure, accessibility and long-term viability. Each Olive Garden location is fully leased to GMRI Canada Inc., a subsidiary of Darden Restaurants, the world’s largest full-service restaurant company with over 2,100 The Portfolio includes three Olive Garden restaurants with each location currently occupying the same site as the neighbouring Red Lobster restaurant. The purchase is not inclusive of any Red Lobster restaurant, with each site being subject to subdivision prior to closing. The Offering is presented with no list price and no set bid date with the Vendor having significant transaction flexibility and will consider offers on the whole Portfolio or various components thereof. The Vendor reserves the right to call for offers at a future date.

Contact:

CBRE

Date on Market:

2025-07-09
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LoopNet Canada Manitoba Winnipeg Restaurants For Sale in R3M, Winnipeg, Canada

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Restaurants for Sale in R3M

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How many restaurants are available for sale in R3M?
There are currently 1 restaurants available for sale in R3M, offering a unique opportunity for businesses to establish a presence.
How big are the restaurants available for sale in R3M?
The average size of restaurants available for sale in Winnipeg is about 2,000 SF. The largest restaurants available to buy is 2,000 SF and the smallest is 2,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for restaurants in R3M?
The average market cap rate for restaurants for sale is about 8.37% based on data provided in R3M. Learn more about how cap rates are calculated.
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