rotate

Rotate your device back to portrait Mode!

Industrial Property For Sale at 12335 83A AVENUE in Surrey, British Columbia

4 Sale ID #115187
Updated 29 Apr 2024

Asking Price

$9,800,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

11000 sqft free standing industrial building on 21578 sq ft lot in Prime location. 5 dock loading plus 1 grade loading. 5 units in total, 2 units leased till April 2025. 3 units occupied by the Seller and will lease back for 3 years. 600 amp power capacity. Dock loading can be converted into grade loading. Newer roof and freshly painted exterior. IL zoning allows various automobile uses. Developing area, 4 lanes coming up soon, from Scott Road to King George, 84 Ave extension from Scott Road to King George and beyond. All measurements are approximate. (id:39198)

  • MLS® : #C8048247
  • Date Listed : 02 Dec 2022

Location

Province

British Columbia

City

Surrey

Address

12335 83a Avenue

Postal Code

V3W9Y7

Location Highlights

N/A

Listed by

RE/MAX Performance Realty British Columbia listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$9,800,000

Asking Price

$9,800,000

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

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


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors