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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,249,999
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
Rare opportunity to own brand new Classy and Elegant industrial & office condo units in great location. Office and industrial are two separate units that have been connected via an interior double man door. Units can be purchased or leased together or separately. Close to Hwy 404 with easy access to Hwys 407 and 401. Ample parking and many amenities nearby including hotels, restaurants, shopping, etc. Business Park zoning allows for a variety of uses including industrial, light manufacturing, warehousing, recreation, professional / office uses, and more. **** EXTRAS **** Electrical installed and working -Unit -7 Industrial 600 Volt 100 Amp complete with a 120/208 Volt 200 Amp. Unit-2 Office 600 Volt 60 AMP complete with a 120/208 Volt 100 AMP panel. Taxes not yet assessed. (id:39198)
Location
Province
Ontario
City
Aurora
Address
#2 & 7 -45 Eric T Smith Way
Postal Code
L4G7C6
Location Highlights
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Listed by
CENTURY 21 PEOPLE'S CHOICE REALTY INC. Ontario 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
6,176
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
$3,249,999
Asking Price
$3,249,999
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)
6,176
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
