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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,700,000
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
Welcome to this exceptional opportunity shared parking lot with Radisson Hotel this 8130 SQFT Industrial Business (I-B) zoned Building is just off the main road 36 STREET NE which leads to the Airport Tunnel. Located in the thriving NE Calgary, adjacent to the Calgary International Airport. This trendy building offers a range of mixed-use opportunities from Retail, Office, to Light Industrial, and is perfect for businesses looking for ample space to thrive.. All units are single title and can be sold individually. Located just a few minutes drive from the Calgary International Airport and within walking distance to the LRT, this unit is highly accessible and conveniently situated. The building comes with ample parking spaces for both customers and employees, providing ease of access and convenience to all. The unit's I-B zoning also makes it ideal for a wide range of uses, such as medical facilities, exercise and fitness studios, yoga studios, financial services, child care facilities, restaurants and bars, and even post-secondary institutions (subject to city approvals). This prime location provides quick access to major transportation routes such as Metis Trail, Mcknight Blvd, Deerfoot Trail (QE2), and Stoney Trail, making it highly accessible to clients and customers from all over the city. The surrounding area is also home to a pool of 7 hotels, including the Radisson Hotel, Holiday Inn, Courtyard by Marriott, Residence Inn, Sandman, Sandman Signature, and Hilton Garden, providing ample accommodation options for your business visitors. This listing tax is inaccurate and is not for all units in this listing (id:39198)
Location
Province
Alberta
City
Calgary
Address
110120130140150160 6600 36 Street Ne
Postal Code
T3J4C8
Location Highlights
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Listed by
RE/MAX Real Estate (Central) 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
8,130
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
$2,700,000
Asking Price
$2,700,000
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)
8,130
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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