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Industrial Property For Sale at 700 FRANKLIN BLVD in Cambridge, Ontario

4 Sale ID #230137
Updated 17 Jul 2024

Asking Price

$3,948,000

Cap Rate help 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

Lot Size

N/A

Building Size

N/A

Premise Summary

Owner/Occupier/Investment opportunity in the center of bustling Cambridge. High visibility on the Franklin arterial corridor. Well maintained and upgraded facility with stable, long-term tenancy in place. Within the facility there is a good mix of office and industrial space with working clear heights throughout. (id:39198)

  • MLS® : #X8268220
  • Date Listed : 24 Apr 2024

Location

Province

Ontario

City

Cambridge

Address

700 Franklin Blvd

Postal Code

N1R7Z1

Location Highlights

N/A

Listed by

ROYAL LEPAGE MEADOWTOWNE REALTY Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

22,692

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

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Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,948,000

Asking Price

$3,948,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

22,692

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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