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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$9
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Warehouse Space: 4,101 sq.ft. (+/-) / Office Space: 958 sq.ft. (+/-) / Storage Bunker Space: 3,882 sq.ft. (+/-) / Storage Mezzanine Space: 859 sq.ft. (+/-) / Zoning: I-G (Industrial General) / Loading: 2 dock-level doors (8’ x 8’) for warehouse, 1 dock-level door (8’ x 8’) for storage bunker / Ceiling Height in Warehouse: 20’ (+/-) / Ceiling Height in Storage Bunker: 8’ (+/-) / Power: 250 amps (TBV) / Net Rent: Call to inquire / Operating Costs (2024): ~ $5.78 per sq.ft. / Sublease Term: Expires September 30, 2025 / Available Possession Date: July 1, 2024 / Notes: Rare opportunity for a short-term sublease of a warehouse and storage bunker below. The Net Rent is far lower than current market rates for comparable properties. The additional rent for the large storage bunker is only $2,000 per month (plus GST). Mezzanine space not charged rent. Well located property across from the Calgary Farmer’s Market, with Glenmore Trail access nearby. I can help you to extend the sublease term into a direct headlease agreement with the landlord, should you wish to retain the property for longer. (id:39198)
Location
Province
Alberta
City
Calgary
Address
C 7610 5 Street Se
Postal Code
T2H2L9
Location Highlights
N/A
Listed by
RE/MAX House of Real Estate Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
5,059
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Sq. Ft. Rate
$9
Asking Price
$9
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
5,059
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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