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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,930,000
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
Great investment property located in the heart of the Brentwood area Burnaby. This industrial unit is located on the east side of Douglas Rd, close to the intersection of Still Creek Ave. It is strategically placed near the convenient and growing area of Brentwood, and just minutes away from access to Hwy l and adjacent to The Amazing Brentwood. This area is easily accessible, with Holdom Skytrain station only an 11 minute walk from the unit, and downtown Vancouver being only a 25 minutes drive. Great tenant in place can provide a stable cashflow. Contact Agents for more information and showings. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
117 2544 Douglas Road
Postal Code
V5C5W7
Location Highlights
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Listed by
Stonehaus 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
3,580
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
$1,930,000
Asking Price
$1,930,000
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)
3,580
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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