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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,950,000
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
Fantastic 16 acre parcel with easy access on Penn Rd in the Danson Industrial Park. This parcel is nice and flat with lots of gravel for drainage and is located beside the old Pac Bio site. There is rail spur access from the neighboring property, who is open to signing a covenant to guarantee that access into the future if needed. There are no direct utilities stubbed into the lot but they are all available with very close access to the surrounding properties. Easy development on one of the last prime properties in Prince George's largest Industrial area. Seller has the means to strip and completely gravel the site for the right price if required by the Buyer. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Prince George
Address
9798 Penn Road
Postal Code
V2N5T6
Location Highlights
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Listed by
Team Powerhouse 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
703,929
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
$2,950,000
Asking Price
$2,950,000
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)
703,929
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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