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Industrial Property For Sale at 760 Laurentian Drive|Unit #26 in Burlington, Ontario

4 Sale ID #139762
Updated 03 May 2024

Asking Price

$985,000

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

Move In Ready. Space Has Been Recently Renovated. Main Floor Reception Area, Office, Storage, Kitchen & Washroom. Second Floor Mezzanine Space. Plenty Of Natural Light. Warehouse Features LED Lighting Throughout With Motion Sensors, 22' Clear Height, 10' X 12' Overhead Drive-In Door. Thermal Insulated Window Wall System Glazing. Sprinklers. Easy Access to QEW/403. Many Amenities in the Area. (id:39198)

  • MLS® : #H4166539
  • Date Listed : 19 Jun 2023

Location

Province

Ontario

City

Burlington

Address

760 Laurentian Drive|unit #26

Postal Code

L7N3V6

Location Highlights

N/A

Listed by

Royal LePage Burloak Real Estate Services 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

2,050

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

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

$985,000

Asking Price

$985,000

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)

2,050

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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