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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,590,000
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
Welcome to Westmont centre in Langley located at the high exposure corner of 62nd avenue and 203rd street directly in the Willowbrook town centre. Providing businesses with corporate branding opportunities and unparalled access to local amenities and shopping. M-2 general industrial zoning allows for various uses. Westmont centre is the latest industrial flex strata project in the centre of Langley, BC. 26' clear ceiling heights w/ 1 grade door, 125 amp, 120/208 volt, 3 phase electrical service per unit transformer is provided. Easy to show! Call for more info. (id:39198)
Location
Province
British Columbia
City
Langley
Address
203
Postal Code
V2Y3S1
Location Highlights
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Listed by
Sutton Group-West Coast Realty (Surrey/24) 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
0
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
$2,590,000
Asking Price
$2,590,000
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)
0
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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