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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,600,000
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
Rare opportunity "VANGUARD" is a brand-new commercial strata space in North Richmond. Excellent freestanding upper level flexible industrial space in Richmond, close to Hwy 99 and the East-West Link with easy access to public transportation. Modern architecture meets quality construction to create a premium loft-like space. Warehouses and offices are available. Zoned IR-1, allowing for various types of businesses, potential space can be used as a communal office area, additional storage space/warehouse for your growing business needs, etc. KEY FEATURES:- 22'clear ceiling heights PRIVATE 1 Grade/dock loading doors per unit ESFR Sprinkler,Ample glazing allowing an abundance of natural light Regards Electricity and plumbing including Each unit. Building has 2 commercial Service Elevators, 3rd elevator for 6 people Very Close to YVR inernational airport ADDITIONAL GOLDEN POINT :- Each unit has 2 story (main floor and MEZZANINE ) CAN BE RENTED TO TWO SEPARATE TENANTS.for all showing please text long at 7789878 (id:39198)
Location
Province
British Columbia
City
Richmond
Address
A310 4899 Vanguard Road
Postal Code
V6X2P8
Location Highlights
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Listed by
DEL REALTY INCORPORATED 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
2,846
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
$1,600,000
Asking Price
$1,600,000
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)
2,846
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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