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F16 4567 LOUGHEED HIGHWAY
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F16 4567 LOUGHEED HIGHWAY $275,000
$275,000
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F16 4567 LOUGHEED HIGHWAY
Burnaby, British Columbia V5C3Z6

MLS® Number: C8056486

Listing Description

Here is a great opportunity to expand your restaurant brand prescence with a busy food court location at Brentwood Mall in Burnaby BC. 401 SQ Ft kiosk with current rent is approx $16,000 per month ($400 PSF base rent, plus percentage rent over applicable revenue). 10 year lease term expiring in 2032 with option to renew. Currently operating at a Mexican Fast Casual concept with venting, but could be converted to your own concept (subject to landlord's approval of the concept). There is also an option to purchase with the existing brand but additional franchise fees & approval from franchisor would be required. Currently revenue approx $50,000 per month. Central food court location with many anchor tenants in the mall including movie theatre & the Rec Room. Ability to expand revenue through 3rd party delivery and take out. Confidential listing - do not approach staff directly, NDA required for more information. Serious buyers only - and buyer's must have an existing restaurant & business plan to proceed. (34440184)

Property Summary

Property Type
Business
Annual Property Taxes
$0
Time on REALTOR.ca
356 days

Building

Business
Business Type
Restaurant (Restaurant/fast food)

Measurements

Square Footage
401 sqft

Land

Other Property Information
Zoning Description
BUS
Data provided by: Greater Vancouver REALTORS® 2433 Spruce Street, Vancouver, British Columbia V6H 4C8
Sid Sachdeva