This well-established, turnkey flower and gift shop has been successfully operating in this location since 2000. The sale includes shares of the company, the equipment, fixtures, and the inventory. Current lease is in place until October 2023, and an extension can be negotiated with the landlord at any time. This successful retail business is currently the only available location at College Park Mall.

College Park Mall is a centerpiece development in Saskatoon’s East side retail corridor, located at the high traffic intersection of 8th Street and McKercher Drive. It is surrounded by the mature neighbourhoods of College Park, College Park East, Wildwood and Briarwood, and boasts strong population and average household income demographics. The development is grocery and pharmacy anchored by Sobeys and Rexall Drugs, has a strong mix of retail businesses and a convenient medical component; many of which have been occupants for 20+ years. This development offers a rare opportunity to run a business at one of the most stable retail centres in Saskatoon.

Viewings require 24 hours notice with listing agent.

SIZE OF PREMISES
Unit 302: 1,387 SF

ASKING PRICE
$299,000

ASKING LEASE RATE
$20.50 PSF

OCCUPANCY COSTS
$10 PSF

PARKING
464 common stalls

AVERAGE DAILY TRAFFIC
8th Street: 26,200 vehicles
McKercher Dr: 16,900 vehicles

ZONING
B4

LEGAL DESCRIPTION
Surface Parcels 131751312, 131603677, 131603666

POSSESSION
Negotiable