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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,250,000
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 60 Pippin Road Unit 43. This Well-Kept Industrial Unit Is Located In The Heart Of Concord In A AAA Location. This Unit Is Approximately 1,702 Square Feet With 1,011 Square Feet Of Office Space And 691 Square Feet Of Industrial Warehouse Space. The Location Features Close Access To Highway 400, Highway 7, Vaughan Metropolitan Centre, Vaughan Mills Mall, Public Transit & Much More. Don't Miss Your Opportunity To Secure This Rare Industrial Unit! **** EXTRAS **** Office Furniture May Be Purchased. (id:39198)
Location
Province
Ontario
City
Vaughan
Address
43 - 60 Pippin Road
Postal Code
L4K4M8
Location Highlights
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Listed by
RE/MAX EXPERTS 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
1,702
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
N/A
Financial Information
Yearly Rate
$1,250,000
Asking Price
$1,250,000
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)
1,702
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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