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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,795,000
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
Located at the corner of Boundary and Penn Rd, this large 2.85 acre parcel has 3 buildings on it giving you a lot of options. At the front you have a 5700 sq ft building with offices and warehouse space. The back features a 2450 sq ft shop with 14' doors and radiant heat. There is also an additional 960 sq ft office. Property is fully fenced and has 3 phase power. Great value here! * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Prince George
Address
8901 Penn Road
Postal Code
V2N5T6
Location Highlights
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Listed by
Royal LePage Aspire 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
9,122
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
$1,795,000
Asking Price
$1,795,000
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)
9,122
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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