3 - 3023 Cedar View Dr, Ottawa MLS Number: X6729016

AN ESTABLISHED SPECIALITY FILIPINO GROCERY STORE LOCATED IN A HIGH-TRAFFIC RETAIL PLAZA IN BARRHAVEN. POPULAR AND CLASSIC NON-PERISHABLE PRODUCTS AS WELL AS FROZEN FISH, MEATS, EGGS, MILK, DESSERTS, SPICES AND SO MUCH MORE. A TRULY ONE-STOP GROCERY STOP FOR YOUR AUTHENTIC PHILIPPINES EPXERIENCE. GREAT SERVICE AND QUALITY PRODUCTS HAVE ATTRACTED A RELIABLE AND GROWING CUSTOMER BASE. THE STORE ORIGINALLY OPNED IN 2020 AND HAS BEEN ON STEADY FINANCIAL GROWTH, EARNING A QUALITY REPUATION AND REPEAT CUSTOMERS ALONG THE WAY. THE RETAIL PREMISES IS 1, 825 SF AND THE LEASE WAS ORIGINALLY FOR A FIVE-YEAR TERM PLUS AN ADDITIONAL OPTION TO RENEW FOR ANOTHER FIVE YEARS. THE RENEWAL DATE IS AUGUST 2025. THE LEASE STRUCTURE IS TRIPLE-NET WITH A CURRENT NET RENT OF $21 PSF PLUS $15 PSD OPERATING COSTS FOR A TOTAL OF 6, 186.75 PER MONTH INCLUDING HST. ADDITIONAL SERVICES INCLUDE INTERNATIONAL MONEY TRANSFERS AND HOT FRESH FOOD TAKE-OUT SCHEDULED FOR CERTAIN TIMES OF THE YEAR.