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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,800,000
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.
N/A
Lot Size
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Building Size
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Premise Summary
Unique offering. Approx. 47,000 sf concrete building on 4 floors, situated on one acre. Main floor approx. 17,000 sf, upper floors approx. 10,000 sf. All measurements to be verified. 63 parking stalls planned for site. The warehouse area has two grade-level doors with higher ceilings. The balance of the main floor and additional three floors are 8'6"" clear. Power is 1600 KW 3 phase and includes a backup generator. Larger service elevator designed for heavy pallets. Building is in need of finishing, as is yard. No windows in building. This property would suite a storage facility, wine storage, etc. All showings require 48 hours notice. (id:39198)
Location
Province
British Columbia
City
West Kelowna
Address
2530 Ross Road
Postal Code
V1Z1M1
Location Highlights
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Listed by
Royal LePage Kelowna 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
$7,800,000
Asking Price
$7,800,000
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.
N/A
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
N/A
Market Competition
N/A
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