110 129 Leva Avenue, Rural Red Deer County
- Living area: 1492 square feet
- Type: Commercial
- Added: 3 months ago
- Updated: 3 months ago
- Last Checked: 19 hours ago
- Listed by: TREC The Real Estate Company
Listing description
This Commercial listing at 110 129 Leva Avenue Rural Red Deer County, AB with the MLS Number a2254590 listed by Satyam Bansal - TREC The Real Estate Company on the Rural Red Deer County market 3 months ago at $110,000.
An exceptional opportunity to acquire the only bubble tea shop in Alberta with drive-thru service, located in the vibrant Gasoline Alley corridor. Spanning 1,492 sq. ft., this fully built-out space is designed for seamless dine-in and drive-thru operations, surrounded by a strong mix of national and local businesses that generate steady traffic to the area.The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor.This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information. (id:1945)
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Price History
September 5, 2025
by TREC The Real Estate Company
$110,000
