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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,850,000
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
9500 SF. First Class Light Industrial Building in Oldcastle Business Park area of the Town of Tecumseh. Located just off North Talbot Road. Building has a combined office and shop area which is very clean. Ceiling heights in the shop are 16 feet clear . There are 2 grade level loading doors measuring 14' x 14' and 14' x 12' . Roof is approx 10 years old. Power is 200 amp 3 phase service. There is onsite parking for 10 cars. Location is just 5 minutes to highway 401 and only 13 kilometers to the USA border. Attention Agents & Buyers Vendor Financing Available to qualified Buyer. Contact Listing Salesperson for viewing. (id:39198)
Location
Province
Ontario
City
Oldcastle
Address
5350 Brendan Lane
Postal Code
N0R1L0
Location Highlights
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Listed by
ROYAL LEPAGE BINDER REAL ESTATE - 640 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
9,500
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
$1,850,000
Asking Price
$1,850,000
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)
9,500
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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