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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,495,000
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
This commercially-zoned property is located on the Langley Bypass at Sunrise Centre. It is a great location with high traffic, providing excellent exposure for your business. There are 2 units combined, consisting of retail, warehouse and office space. On the main floor, there is a renovated open showroom and warehouse space with an overhead door. Large bay door with facility to add 2 more bay doors. Upstairs includes 3 office spaces, large storage mezzanine, kitchen and a washroom. There are 9 parking stalls for both units. The property's CHI zoning (Highway Commercial Industrial Zone) allows for wide variety of uses including automotive, light industrial, retail and office. All showings by appointment. Please do not disturb staff. Units #108 and #109 - 19289 Langley Bypass. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
108 109-19289 Langley Bypass
Postal Code
V3S6K1
Location Highlights
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Listed by
Royal LePage West Real Estate Services British Columbia 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
0
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
$3,495,000
Asking Price
$3,495,000
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)
0
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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