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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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
Clear span hangar with 29' High x 129' wide automatic sliding hangar door right at Grande Prairie airport. Main hangar clear span dimensions are 108' Wide x 105' Deep with 32' ceiling clearance . Total Sq Ft of 13,193 including attached office unit with 2 private offices common area and bathroom. Generous parking in front and paved taxiway on this 1.22 Acre property. 200 Amp Electric service + water and sewer are tied in with airport. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
101a/101b 10910 Airport Drive
Postal Code
T8V7Z5
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
13,243
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
$1,200,000
Asking Price
$1,200,000
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)
13,243
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
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