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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,500
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
Commercial Retail or Office space for lease Downtown Drumheller. The building is centrally located on the east side of Downtown with quick access to major traffic route and lots of street exposure on the busy 3rd Avenue. The Office has rooftop HVAC (Heating Ventilation, Air Conditioning), and is approx. 1472 sq ft on total. Rent this space for $1500 a month NNN (+ power, gas, water, Taxes, and costs). (id:39198)
Location
Province
Alberta
City
Drumheller
Address
145 3 Avenue E
Postal Code
T0J0Y4
Location Highlights
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Listed by
Century 21 PowerRealty.ca Alberta 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
1,472
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
Monthly Rate
$1,500
Asking Price
$1,500
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)
1,472
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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