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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,565,000
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
Exciting opportunity alert! Be the first to seize this new build industrial unit in Aurora at 155 Addison Hall Circle! With 2790 sqft of premium space featuring a 10ft drive-in garage door, it's a dream canvas for your commercial venture. Nestled in a prime location near the prestigious Magna Golf Club and shopping amenities, this space boasts modern features like R15 architectural precast, double-glazed aluminum entrance doors, and clearstory windows, flooding the area with natural light. With a generous 24ft height clearance and convenient access to Hwy 404 at Wellington St, this is a golden chance you can't afford to miss! **** EXTRAS **** Wide Variety Of Uses Permitted. (id:39198)
Location
Province
Ontario
City
Aurora
Address
#7 -155 Addison Hall Circ
Postal Code
L4G7C7
Location Highlights
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Listed by
SLAVENS & ASSOCIATES REAL ESTATE INC. 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
2,790
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
$1,565,000
Asking Price
$1,565,000
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)
2,790
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
N/A
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