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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,416,000
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
Developed by renowned Conwest, located at the gateway to Metro Vancouver,easy access to HWY 99 & HWY 91, Premium and modern industrial and office development offers businesses the opportunity to own and occupy in the highly sought-after North Richmond market.. High-exposure, small-bay flex industrial units with frontage directly along No. 6 Road, great exposure. 3,147 SF open ground floor area with established racking valued over $50k, 1,536 SF finished second floor office, two washrooms, one grade loading door, 24' clear ceiling heights in the warehouse, ample parking, 3-phase power supply, ESFR sprinklers, rooftop HVAC unit. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
119 3231 No. 6 Road
Postal Code
V6V1P6
Location Highlights
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Listed by
Sutton Group-West Coast 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
4,683
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
$3,416,000
Asking Price
$3,416,000
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)
4,683
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
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
