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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$998,000
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
A well maintained 1,972 sq. ft office/warehouse corner unit in North Richmond.This second floor i office boasts an open concept floor plan with ample glazing, a kitchenette and a bathroom; and ground floor warehouse features a grade loading door, a bathroom and a separate entrance which allows for separate use.3 Phase 4 wire electrical system. Conveniently located just outside of Vancouver, across the Knight Street Bridge, near Highway 99 and YVR International Airport for fast and efficient access to all of Metro Vancouver. LA is associated with property owner. Call or text LA to Book showing appointments. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
180 15100 Knox Way
Postal Code
V6Y2B2
Location Highlights
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Listed by
Investave Properties Ltd. 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
1,972
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
$998,000
Asking Price
$998,000
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)
1,972
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
N/A
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