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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,825,000
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
Situated on 2.82 acres in the BioCommons Research Park is 3 fantastic buildings. Building one has two levels. 4800SF - The first level of office space that was completely overhauled in Fall 2022/Winter 2023. The Office features a large reception area, boardroom, full size kitchen, large office bull pen with beautiful built-ins for four separate stations, three private offices, two bathrooms and file room. The lower level offers a wheelchair accessibility, a dedicated lab with one large flow head and small flow head stations. Along with the lab, are two cooling chambers. One is controlled with a Carrier Cooling Unit and one unit is controlled with a ductless heat pump. Finishing off the lower level is a third bathroom and large storage area that has potential for future office space. The primary building offers heating, cooling and a propane Generac Backup Generator. Building 2 (1920SF) offers two 10ft garage doors that offer ease of loading products on and off the property. There are three separate Cooling Chamber Units located in this area. The warehouse also houses the electronic controls for the Westbrook Designed Greenhouse that is connected by a pedway. Building 3 is a fully automated Westbrook Green House of 9,720SF. Automation in this Green House features automatic fans, watering, blinds and is fully electrified for lighting. This would be a great addition to any company that focus on agricultural industries as this is the original design of this compound. A full list of features are available and inclusions list. This is being sold turn key minus personal computers and some equipment. All measurements are approximate and should be verified by purchaser if deemed necessary. (id:39198)
Location
Province
Prince Edward Island
City
West Royalty
Address
19 Regis Duffy Drive
Postal Code
C1E0K5
Location Highlights
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Listed by
COLDWELL BANKER/PARKER REALTY Prince Edward Island 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
16,440
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
$2,825,000
Asking Price
$2,825,000
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)
16,440
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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