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Suite of tools & services
Benefits
Asking Price
$4,150,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
This exceptional over 22,000 SQFT level corner lot is located within Surrey City Center Plan, which is currently designated for Low to Mid Rise Residential Use. This site is also included in the Medical District of Surrey City Center. Sitting right at the of 96 ave and 134A st, this Site falls into three regional development concepts: right on the Major Transit Network of 96 Ave; in close proximity of the King George Blvd Major Transit Growth Corridor; within the 800-meter radius from the King George Blvd Skytrain Station. City of Surrey's OCP and NCP updates looming up, this outstanding site offers opportunities for multiple development options: residential, rental, as well as mixed use. Contact for details. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
9577-9579 134a Street
Postal Code
V3V5T3
Location Highlights
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Listed by
Homelife Benchmark Titus Realty British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
5,000
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$4,150,000
Asking Price
$4,150,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
5,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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