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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,450,000
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 2,397 sq. ft. Office/Warehouse is situated in South Vancouver, just two blocks south of Marine Drive on Kent Avenue and three blocks east of Fraser Street. It is located in the highly desirable Marine Drive Industrial District, providing excellent access to all market areas. The main floor warehouse area includes one grade level loading door, 9' clear ceiling heights, an open area plan, large windows for natural light, and one washroom. On the second floor, the office area offers 8' ft ceiling heights, large windows for natural light, and an open area floor plan. Two parking stalls are available, along with visitor parking. For further information or to arrange a viewing, please contact the listing agents via telephone or ema (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
116 1083 E Kent Avenue North
Postal Code
V5X4V9
Location Highlights
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Listed by
eXp 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
2,397
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
$1,450,000
Asking Price
$1,450,000
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)
2,397
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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