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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$10,880,000
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
Opportunity to acquire a development site consisting of two adjacent single-family lots located along Oak Street in the heart of Vancouver's sought-after west side neighbourhood of South Granville. Situated within the Marpole Official Community Plan, this site has proposed preliminary plans for 24-stacked townhouse units. Located at West 58th and Oak Street, this property is in close proximity to Vancouver International Airport, BC Women's Hospital, Oakridge Shopping Centre, Downtown Vancouver, and access to the Canada Line rapid transit system. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
1018-1028 W 58th Avenue
Postal Code
V6P1W1
Location Highlights
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Listed by
Promerita Realty Corp. 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
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
$10,880,000
Asking Price
$10,880,000
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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