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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,000,000
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
These properties will only be sold as a package containing 3 buildings and 1 vacant lot on 4 titles. All 4 properties are leased to one company. 5311-64 Ave-Building is 9805 sq ft, built in 1985 and contains 2 pull through bays, plus 1 other bay, 2 storey office area with several offices, board room, coffee room and 2 bathrooms with a Lot size of 105'x243'. 6409-53 St Building is 10,000 sq ft, built in 1997 and contains 8 14'x14' overhead doors, radiant heat, loads of electrical for all needs with lot size of 1.15 acres. 5310-66 Ave Building is 1200 sq ft, built in 2008 with the Lot being 1.15 Acres, shop has a14'x14' overhead door, 3" water line inside with Town water and loads of electrical. 5414-66 Ave is a .87 acre vacant lot. (id:39198)
Location
Province
Alberta
City
Taber
Address
5311 64 Avenue
Postal Code
T1G2A1
Location Highlights
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Listed by
RE/MAX REAL ESTATE - LETHBRIDGE (TABER) Alberta 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
8,505
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
$3,000,000
Asking Price
$3,000,000
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)
8,505
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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