F16 4567 Lougheed Highway, Burnaby North, BC

$275,000 CAD

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401

Square feet

About F16 4567 Lougheed Highway

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.

Features of F16 4567 Lougheed Highway

MLS® # C8056486
Price $275,000 CAD
Square Footage 401
Acres 0.00
Type Business
Status ACTIVE

Community Information

Address F16 4567 Lougheed Highway
Subdivision Brentwood Park
City Burnaby North
Province BC
Postal Code V5C 3Z6

Additional Information

Zoning BUS

Listing Details

OfficeMacdonald Commercial Real Estate Services Ltd.

Listing Map

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