Properties

F16-4567 LOUGHEED HIGHWAY, Burnaby, British Columbia

Burnaby For Lease

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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.

Property Details
Listing Type : For Lease
MLS ID : C8056486
Price : C$275,000
Status : Active
Year Built : 0
Square Footage : 401 Sqft
Lot Area : 0 Sqft
Area : Burnaby North
Sub-Area : Brentwood Park
City : Burnaby
Province : British Columbia
Postal Code : V5C 3Z6
Region : Greater Vancouver
Additional Information
Major Business Type : Food & Beverage
Minor Business Type : FB - Fast Food
Zoning : BUS
Listing Office : Macdonald Commercial Real Estate Services Ltd.
Source : Vancouver
Virtual Tour URL : http://www.restaurantagents.ca
Total Lease Area : 0
For Lease
  • MLS ID : C8056486
  • Square Footage : 401 Sqft
C$275,000
Contact Agent