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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
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
5.082 Acres of M3 Zoned Industrial Land in Prime New Sudbury Location. Property is ONLY accessed through a 66 foot wide Right Of Way over the whole of 0 Lasalle Blvd, PIN# 735640179 as described in instrument number LT111247. This property is Part 1 of 2652 Lasalle Blvd. but to be ONLY accessed by the Right of Way as described above. Any buyer should verify with the Greater City of Sudbury as to potential uses for this property. Such as; Blasting Rock and Selling to create a Level building plateau at whatever elevation desirable; Building a structure within the mountain; or any M3 uses that are allowed under this zoning. This property is located at the end of Lasalle Blvd, which is a main artery through New Sudbury, close to all Sudbury amenities and by-passes to outlying areas. (id:39198)
Location
Province
Ontario
City
Sudbury
Address
Part 1 Of 2652 Lasalle Boulevard
Postal Code
P3A4R7
Location Highlights
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Listed by
NANEFF REALTY LTD, REAL ESTATE BROKERAGE Ontario 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
0
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
$799,000
Asking Price
$799,000
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)
0
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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