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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$348,900
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
Introducing an industrial business condo in the heart of Riel Park, St. Albert. This 1302 square foot warehouse space boasts high ceilings and includes a bonus finished mezzanine office space that is over and above the base square footage. It features a 14-foot-high overhead door, roughed in waiting room and a 2-piece washroom for convenience. The building is only 12 years old, ensuring low maintenance. Ideal for tradesmen, repair shops, or service companies, it offers easy access to downtown St. Albert and Northwest Edmonton. Don't miss this opportunity to establish your business in a prime location. (id:39198)
Location
Province
Alberta
City
St. Albert
Address
#200 16 Renault Cr E
Postal Code
T8N4B8
Location Highlights
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Listed by
Genner Realty Limited Alberta 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
1,302
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
$348,900
Asking Price
$348,900
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)
1,302
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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