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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,181,389
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!! Rare opportunity to own a high cash flow and well-maintained industrial warehouse. Light Industrial (IL) zoning permits a variety of business uses. Strata Titled warehouse/showroom/office corner unit with large 3,558 sq' street level. Very popular North Richmond Bridgeport area. Concrete tilt-up construction. 18 parking stalls assigned as LCP for this unit. Minutes to Airport, Highways 91 & 99 and Knight Street Bridge. Will go fast, call today for a private showing! (id:39198)
Location
Province
British Columbia
City
Richmond
Address
110 2188 No. 5 Road
Postal Code
V6X2T1
Location Highlights
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Listed by
Sutton Group Seafair Realty 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
3,329
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
$2,181,389
Asking Price
$2,181,389
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)
3,329
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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