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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,710,720
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
One of a kind Industrial Condos with prime exposure on Dartnall Road. Excellent building signage opportunities as well as Podium signage. Building is approx. 14 years old. 27' clear height. Drive-in loading. Entire building can be purchased or individual units. Very close proximity to Red Hill Expressway and Lincoln Alexander. Lots of restaurants and other amenities within a short drive. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
115 Dartnall Road|unit #4
Postal Code
L8W3N1
Location Highlights
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Listed by
Colliers Macaulay Nicolls Inc. Ontario 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
5,940
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
N/A
Financial Information
Yearly Rate
$1,710,720
Asking Price
$1,710,720
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)
5,940
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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