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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,500,000
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
Investor Alert. This property is being sold with a strong lease in place with three years remaining on the term. The listing price includes the building and neighboring 2 acres which is also being lease for $4,000/month. The shop itself is sitting on 2 acres graveled and fenced. The building consists of 3 - 80' pull through bays, 7 ton crane, parts room with and overhead door, 6 offices and a reception area. The shop with the additional acres offer incredible value to any investor as it backs onto the airport and provides great exposure for any business. Call your Commercial Realtor© for more information or to book a showing today. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
10302 123 Street
Postal Code
T8V8B8
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
7,900
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
$2,500,000
Asking Price
$2,500,000
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)
7,900
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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