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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,199,000
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
Located in South Vancouver only a few minutes from Vancouver International Airport, fifteen minutes from downtown Vancouver and with all municipalities conveniently accessible via Highway 99 and Marine Way, 1550 Rand Avenue offers the utmost in convenience to the Industrial User. The main floor 1,158 sq. ft. warehouse space features one (1) 8' x 8' glass loading door, 3 phase 100 amp service, one (1) private handicap accessible washroom plus a racking structure for extra storage free of charge. The 614 sq. ft. second floor office features an open work area and lots of glazing for natural light. Three (3) parking stalls including loading bay are available free of charge plus street parking. Please telephone or email listing agents for further information or to set up a viewing. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
1522 Rand Avenue
Postal Code
V6P3G2
Location Highlights
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Listed by
RE/MAX Crest 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
1,772
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
$1,199,000
Asking Price
$1,199,000
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)
1,772
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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