Property Description

Established in 2017, this profitable, turnkey licensed restaurant is available for purchase, with 6 years remaining on the lease and the option to extend further. Price to include all kitchen equipment, appliances, fixtures and smallwares (decor, seating and tables are not included in the sale). Pink Cadillacs is located in a newer and thriving neighbourhood with fantastic visibility and parking. This end-cap property features a south-facing patio as well.

Situated in Hampton Village, the Village at Hampton Circle is anchored by Dollarama and has nearly 20,000 population within a 1.5 km radius. This retail development – with daily average traffic counts of 2,000 vehicles – shadows Shoppers Drug Mart and a wide variety of other thriving businesses, with two newer schools located across the street.

Financial information is available upon execution of a non-disclosure agreement.

Viewings require 24 hours notice with listing agent.

UNIT SIZE
3,700 SF

BUILDING SIZE
15,086 SF

BUILDING DETAILS
Signature development with unique, modern exterior features

LAND SIZE
49,179 SF (1.129 Acres)

SALE PRICE
$299,000   REDUCED: $109,900

LEASE RATE
$29 PSF

OCCUPANCY COSTS
$9 PSF (estimated, plus separately-metered utilities)

SIGNAGE
$100/month (included in rent)

PARKING
Ample on site parking with 76 stalls (5.2 stalls per 1,000 SF)

ZONING
B2

LEGAL DESCRIPTION
Surface Parcel 165320816

POSSESSION
Lease term until Sept 20, 2028 plus two 5-year options to renew

2950 McClocklin Rd, Saskatoon, SK

For Sale - Retail Business

3,700 SF
$109,900
Listing ID #2570
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