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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$26,500,000
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
Attention all potential investors! An extraordinary and rare opportunity awaits you - the chance to become the proud owner of one remarkable property in the heart of Brampton, conveniently situated on Rutherford Rd S, just south of Queen St. This property with 3.52 acres, boast two currently tenanted buildings encompassing a total of 52,995 square feet. This parcel falls under the Queen St Corridor Secondary Plan, with QMUT zoning in place. With an impressive 175-foot frontage along Rutherford Rd S, this combined offering includes 12 & 16 Rutherford Rd S. The Queen St Corridor Secondary Plan has been strategically designed to stimulate substantial growth through urban revitalization and infill/intensification. The possibilities for development are boundless, making this a truly exceptional opportunity! (id:39198)
Location
Province
Ontario
City
Brampton
Address
12 & 16 Rutherford Rd S
Postal Code
L6W3J1
Location Highlights
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Listed by
ROYAL LEPAGE RCR REALTY 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
52,995
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
$26,500,000
Asking Price
$26,500,000
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)
52,995
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
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