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Industrial Property For Sale at 456 Logy Bay Road in St. Johns, Newfoundland & Labrador

4 Sale ID #72158
Updated 03 May 2024

Asking Price

$8,900,000

Cap Rate help 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

This is one of the largest industrial sites within the metro St. John's area. Over 15 acres zoned Commercial Industrial with approximately 247 feet road frontage on Sugar Loaf Road. 50,760 sq ft (Main Bldg - Fabrication & Office) with a gross rentable area of 67,160 (Megadome, Paint Hall & Storage). The fabrication area measures 116 feet by 256 feet, giving a gross area of 29,696 square feet with a ceiling height of approximately 26ft. The fabrication section contains a heavy steel frame with masonry construction and comprises of two fabrication bays that run the entire length of the structure with craneways and cranes servicing each bay. Much more - listing brochure available. Entrance to the property is via an access road next to NTV on Logy Bay Road. (id:39198)

  • MLS® : #1240465
  • Date Listed : 20 Jan 2022

Location

Province

Newfoundland & Labrador

City

St. Johns

Address

456 Logy Bay Road

Postal Code

A1A5C6

Location Highlights

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Listed by

RE/MAX AFFILIATES RESULTS REALTY INC. Newfoundland & Labrador listing

Category

industrial-properties

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$8,900,000

Asking Price

$8,900,000

Cap Rate help 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 help 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 help 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 help 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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