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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$749,900
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
6600 sq. ft Light Industrial building with 4 bays. All tenants have been there for over 10 years. The building sits on approximately .94 of an acre of land and is located in Imperial Close in an Industrial area. The exterior and roof are tin.All 4 bays have there own heat, power and water. 3 of the bays are approximately 1310 sq. ft. and 1 bay is 2320 sq. ft. This property has 4 separate condo titles but the condo has never been operated as a condo as the condo docs have never been completed. (id:39198)
Location
Province
Alberta
City
Olds
Address
1 Imperial Close
Postal Code
T4H1M6
Location Highlights
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Listed by
CIR REALTY Alberta 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
6,600
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
$749,900
Asking Price
$749,900
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)
6,600
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
N/A
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