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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,399,000
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
Mainland Business Centre is near 64th Avenue and 176th Street and enjoys excellent traffic and visibility for Retail in addition to the warehouse and office space. These units were originally built for warehouse use on the ground floor plus offices on the 2nd floor, but has been nicely renovated to include well appointed office space on both floors with several private offices, some open space plus boardrooms. It features air conditioning throughout, washrooms, kitchens and 1 bay door for loading. These corner units total 5648 sq.ft and are set back from the busy street with good parking availability. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
301 302-17750 65a Avenue
Postal Code
V3S5N4
Location Highlights
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Listed by
Hugh & McKinnon Realty Ltd. 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
$3,399,000
Asking Price
$3,399,000
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
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