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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,480,000
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
TROVE - Vancouver's first luxury private gated automotive storage condominium is designed and built to offer high-end luxury storage solution and commercial warehouse for different types of business use adhering to strata by-laws. This ground-floor unit boasts a 10 ft wide garage door and grade-level loading, coupled with gas, sanitary and plumbing roughed-in. Spacious 513 sq ft mezzanine with 8'ceiling height. IB1 zoning and ample parking on site. Complex is fully gated and secured with code access automated front gate after office hours. An awesome(approx. 1700 sq ft) Clubhouse with outdoor patio is also available for private events. Book your viewing today. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
112 13880 Wireless Way
Postal Code
V6V0A3
Location Highlights
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Listed by
Royal Pacific Realty Corp. 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
2,496
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
$1,480,000
Asking Price
$1,480,000
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)
2,496
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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