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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,650,000
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
Centrally located in Cloverdale, this 3,258 square foot industrial office strata unit can be used as two separate units if desired. The ground floor space consists of 1,373 square feet of office space and a 508 square foot warehouse which is accessible via a 12' x 14' grade level loading door and has 21'4"clear ceiling height. The second floor office space measures 1,377 square feet and is accessible via it's own separate entry. 3-phase/125-amp/575-volt power supply and IB (Business Park) zoning allow for a wide range of potential uses. The complex features ample visitor parking with plenty of street parking in the surrounding areas. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
503 17665 66a Avenue
Postal Code
V3S2A7
Location Highlights
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Listed by
Royal LePage - Wolstencroft 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
$1,650,000
Asking Price
$1,650,000
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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