Property Details

Restaurant/Bar – SOLD

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Restaurant/Bar – SOLD

SOLD Sold
6,500 Sq.Ft  Print this page

DOWNTOWN RESTAURANT/BAR

10765 JASPER AVENUE, EDMONTON, AB

SOLD

BUILDING NAME: Restaurant/ Bar

MUNICIPAL ADDRESS: 10765 Jasper Avenue

LEGAL DESCRIPTION: Plan: NB, Block: 7, Lot:42

TYPE OF BUILDING: Hospitality Restaurant/ Bar

MAIN FLOOR: 3,200 Sq.Ft

SECOND FLOOR: 3,200 Sq.Ft

TOTAL AVAILABLE: 6,400Sq.Ft

SEATS: 270

POSSESSION: Immediate

PARKING: Meter/ Scramble

LEASE RATE: Excellent Rate Negotiated

LEASE TERM: 12 Year Term Ending Nov 30, 2017, w/ Secured Rate

RENEWAL OPTIONS: 5 Year Option on Renew

FINANCIALS: AVAILABLE UPON A CONFIDENTIALITY AGREEMENT BEING SIGNED

PROPERTY HIGHLIGHTS

  • Part of the Cities recently renovated Promenade roadway surrounded by water fountains updated lights, trees and floral displays.
  • Surrounded by High density residential dwellings
  • Free Standing building, facilitating one of Edmonton’s Largest and most visited out door patios
  • Completely renovated within the last year, Kitchen equipment, Bars, POS software, Draft systems, Sound system and lights.
  • Very Strong Lease term and rate, over 10 years remaining
  • Completely renovated Kitchen, walking coolers, Hood Vent and Air Makeup Unit.
  • Beautiful stone work and rock detail throughout
  • Upgraded Draft lines and liquor systems.
  • Recently built 2,100sq/ft “Outdoor” patio in the heart of DT Edmonton, complete with FULL bar, audio, POS computers, Beer coolers and more!
  • Directly across the street from over 1,600 residential tenants surrounded by multiple corporate towers
  • Directly beside LRT station, and Transit Services
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David J. Olson

Throughout his career he has been a top performer in the Retail/Investment market in Edmonton and surrounding area, his experience over the years has helped him grow and lead our Retail team. He has represented…

  • Office : 780.784.5356
  • Mobile : 780.908.1650
  • Fax : 780.483.2277

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