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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,450,000
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.
N/A
Lot Size
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Building Size
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Premise Summary
Rare 8,000 SF end cap strata unit in a prime north Richmond location. The unit has been improved with 2,580 SF of A/C office which overlooks an adjoining green space. Unit also offers 13 common area parking stalls. The subject property is conveniently located in North Richmond with easy access to downtown Vancouver, Vancouver International Airport, all major container terminals and the US border. North Richmond is home to many multi-national companies and is one of Vancouver's most popular distribution/manufacturing/retail markets. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
160 12820 Clarke Place
Postal Code
V6V2H1
Location Highlights
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Listed by
Royal Pacific Realty Corp. 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
8,360
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
N/A
Financial Information
Yearly Rate
$5,450,000
Asking Price
$5,450,000
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.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
N/A
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.
N/A
Premises Size (square feet)
8,360
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
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