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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,400,000
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
An outstanding investment opportunity in Clairmont's Westmount South Industrial Subdivision with this 31,706-square-foot multi-tenant commercial property. It features eight bays, including ten 16' high by 16' wide overhead doors at the rear of the building. This property offers unparalleled accessibility and functionality. With 23' ceiling heights in the shop area and various office setups in each space, it provides a versatile environment for a diverse number of businesses. Situated on a 3.16-acre lot, the property boasts a large gravel yard at the rear of the property with individual compounds and a welcoming ample paved parking area at the front. Its strategic location provides excellent access to Highway 2 and 116 Street, making it an ideal choice for any business. Well-maintained property on a corner lot offers a visually appealing building and a lucrative investment opportunity. To book a showing or request more information, please contact your local Commercial Realtor®. (id:39198)
Location
Province
Alberta
City
Clairmont
Address
10610 79 Avenue
Postal Code
t8x5g9
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
31,706
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
$4,400,000
Asking Price
$4,400,000
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)
31,706
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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