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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,870,000
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
Must See! Approx. 4, 781SF industrial unit available in Burnaby South Big Bend area. Located on the block of North Fraser way, Boundary Road and Marine Way. In the business park centra, and easy access to Vancouver, Richmond, Delta, and Surrey. With minutes drive to Market Crossing Shopping Centre. Approx. 2,419 sqft warehouse space with 10'x12' grade level loading door and approx. 2,362 sqft for office area with coffee bar and sink. 2 units of air conditioning, and 3 parking stalls. Small commercial elevator inside, and concrete mezzanine floor. A rare opportunities for those who are looking for industrial unit in the convenient transportation of Burnaby. Don't hesitate, call now for more details! (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
14 3871 North Fraser Way
Postal Code
V5J5G6
Location Highlights
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Listed by
RE/MAX City 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
4,781
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
$2,870,000
Asking Price
$2,870,000
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)
4,781
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
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