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Home AB Division No. 8 Red Deer County
#110, 129 Leva Avenue
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#110, 129 Leva Avenue $110,000 $6,290/Monthly/square feet
$110,000 $6,290/Monthly/square feet
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#110, 129 Leva Avenue
Rural Red Deer County, Alberta T4E1B9

MLS® Number: A2254590

Listing Description

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. (31075270)

Property Summary

Property Type
Business
Building Type
Retail
Community Name
Gasoline Alley
Subdivision Name
Gasoline Alley
Land Size
Unknown
Age Of Building
Age is unknown
Time on REALTOR.ca
106 days

Building

Business
Business Type
Food Services and Beverage (Candy shop), Restaurant (Fast foods), Restaurant (Restaurant), Retail and Wholesale (Ice Cream shop), Retail and Wholesale (Gifts), Retail and Wholesale (Retail & offices)

Measurements

Square Footage
1492 sqft
Total Finished Area
1492 sqft
Exterior Building Size
1492 sqft
Data provided by: Pillar 9™
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Satyam Bansal