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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,218,000
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
INVESTMENT OPPORTUNITY! Strategically located in Tilbury Industrial Park. Clean warehouse located in Delta with small office and mostly warehouse on the main level with upstairs office & mezzanine not included in sq ft. The total strata area 3298 sq ft. This project offers easy access via the South Fraser Perimeter Road and Highway 99, 91 and 17 to all areas of the Lower Mainland and the Fraser Valley. Zoned I2 Heavy Industrial. This zoning allows most industrial uses including office uses and specified limited retail uses. The property should be sold together with the Business. The Business listing C#: C8054140 (id:39198)
Location
Province
British Columbia
City
Delta
Address
7 7157 Honeyman Street
Postal Code
V4G1E2
Location Highlights
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Listed by
RE/MAX City Realty 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
3,298
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
$1,218,000
Asking Price
$1,218,000
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)
3,298
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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