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Main Photo:  in Red Deer: Retail for lease : MLS®# A2353863
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A2353863
Established national franchise restaurant located in Bower Place, one of Central Alberta’s major regional shopping centres in Red Deer. The mall offers over 500,000 sq. ft. of retail space, more than 100 retailers, and strong year-round customer traffic. The business benefits from strong brand recognition and an established customer base. Gross profit margin has improved from approximately 66.6% in 2023 to 72.0% in 2025, reflecting improved operating performance. A major advantage for a new owner is that the franchisor-required renovation has already been completed, avoiding the immediate renovation cost and disruption that can come with acquiring an established franchise location. The business is currently owner-operated with the support of three full-time employees. The existing lease runs until July 2029. The asking price has recently been reduced, providing an attractive opportunity for an owner-operator, family business, or hands-on investor looking to acquire an established franchise location in a busy regional shopping centre. Training will be provided, subject to franchisor approval. Retirement sale. All inquiries and showings are by appointment only. Please do not approach or question staff directly.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Lease
Lease Rate:
$10,990.00
Lease Payment Frequency:
Monthly
Lease Measure:
Fixed
Possession:
Possession Date:
Business Type:
Restaurant
Total Building Area:
471 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2014 (Age: 12)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
No
THE EQUIPMENT LIST WILL BE PROVIDED.
None Known
Num. of Parcels:
0
Region:
Red Deer
Listed Date:
Oct 21, 2026
Days on Mkt:
  • Photo 1:  in Red Deer: Retail for lease : MLS®# A2353863
    Photo 1 of 1
Larger map options:
Listed by RE/MAX Complete Realty
Data was last updated October 21, 2026 at 08:05 PM (UTC)

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.