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Industrial Property For Sale at 117 2544 DOUGLAS ROAD in Burnaby, British Columbia

New
4 Sale ID #228942
Updated 07 May 2024

Asking Price

$1,930,000

Cap Rate help 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)

  • MLS® : #C8059405
  • Date Listed : 22 Apr 2024

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

industrial-properties

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,930,000

Asking Price

$1,930,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

3,580

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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