About #110, 129 Leva Avenue
An exceptional opportunity to acquire the only bubble tea shop in Alberta with drive-thru service, located in the vibrant Gasoline Alley corridor. Spanning 1,492 sq. ft., this fully built-out space is designed for seamless dine-in and drive-thru operations, surrounded by a strong mix of national and local businesses that generate steady traffic to the area. The lease is secured until May 2028 with an option to renew, offering long-term stability. Current rent is approximately $6,290 per month with January free, plus an annual rebate from Sunreal Properties, the property management company, ranging between $2,000 and $3,000 each March. A low 3% royalty on sales keeps operating costs attractive, and nearly all equipment and fixtures are included in the sale, with the exception of a countertop fridge and small pizza oven belonging to the vendor. This is an assignment of lease and sale of business only—no real property included. With no other drive-thru bubble tea competitors in Alberta, this business is uniquely positioned for growth and continued success, making it an excellent investment for an owner-operator or savvy investor. Please do not approach staff or visit the business without scheduling an appointment. NDA required for further information.
Features of #110, 129 Leva Avenue
MLS® # | A2254590 |
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Price | $110,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Type | Commercial |
Sub-Type | Retail |
Status | Active |
Community Information
Address | #110, 129 Leva Avenue |
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Subdivision | Gasoline Alley |
City | Rural Red Deer County |
County | Red Deer County |
Province | Alberta |
Postal Code | T4E 1B9 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Additional Information
Date Listed | September 5th, 2025 |
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Days on Market | 4 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | TREC The Real Estate Company |
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