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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$19,000,000
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
Prime Real Estate Brokerage is pleased to present 4402 Colonel Talbot Road, a 5.35-acre development suitable for a Bill 60 private surgical/medical center. The property is comprised of three components: 1) 30,000 SF surgical / medical center on 2.68 acres; 2) Excess 2 acres with plans for medium-density residential development or development to support the surgical center; and, 3) Retail pad site with commitment from an international QSR. The property is located in London, ON, a major healthcare hub, strategically located between Detroit and Toronto directly on the 401 corridor. Furthermore, the site plan, improvements to date, zoning, and flexibility offer an unmatched opportunity for a surgical/investment group to establish a successful and renowned regional surgical/medical center. (id:39198)
Location
Province
Ontario
City
London
Address
4402 Colonel Talbot Road
Postal Code
N6P1B6
Location Highlights
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Listed by
PRIME 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
29,967
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
$19,000,000
Asking Price
$19,000,000
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)
29,967
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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