Business Overview:Offering: Business sale / Leasehold opportunity
Former Business: Black Pearl Lounge
Address: 1806 35 Street SE, Calgary, AB
Location: Near International Avenue / 17 Avenue SE
Total Leased Area: 6,000SF
Former Lounge Area: 3,400 SF (estimated) Juba Restaurant: 1,000 SF (estimated) Golden Star Auto Repair & Detailing: 1,600 SF (estimated)
Existing Subleases: 2
Sublease Income: Offsets approximately 50% of primary lease costs
Lease Expiry: July 31, 2028
Renewal Option: One 3-year renewal provision
Potential Uses: Restaurant, specialty grocery, food market, lounge or hospitality
Asking Price: $250,000
Parking: Shared surface parking
Business Features:- TWO EXISTING SUBLEASES Juba Restaurant and Golden Star Auto Repair & Detailing provide established subtenant income.
- APPROXIMATELY 50% LEASE COST OFFSET Existing sublease payments substantially reduce the effective occupancy costs of the primary tenant.
- 3,400 SF FOR YOUR NEXT CONCEPT Former lounge space offers potential for restaurant, specialty grocery, international food market or hospitality operations.
- 6,000 SF TOTAL LEASED AREA Three distinct operating spaces combining an owner-operated opportunity with existing subtenants.
- STEPS FROM INTERNATIONAL AVENUE Located just off Calgarys celebrated multicultural dining, shopping and retail corridor.
- ESTABLISHED COMMERCIAL TRADE AREA Surrounded by diverse residential neighbourhoods, international restaurants, specialty food retailers and everyday services.
- HIGH-TRAFFIC RETAIL ENVIRONMENT Convenient access to 17 Avenue SE and the broader southeast Calgary transportation network.
- EXISTING HOSPITALITY PREMISES Former lounge configuration provides a starting point for a new food-and-beverage or entertainment concept, subject to required approvals.
To inquire on this listing, please contact:
Nouran Youssef / PH: 403-341-4588 / Email: [email protected]
Listing Contacts:
Davin Rowe / PH: 587-896-1142 / Email: [email protected]
Mahmud Rahman / PH: 403-681-8830 / Email: [email protected]
www.cdnglobal.com
403-341-4588
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