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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,433,500
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 Purchase Shell unit make according your choice on Alto by Vivid Green Architecture will be constructed on Capitol Hill in Burnaby, specifically on Hastings Street and Ellesmere Avenue. This development includes a 4-story wood-frame low-rise with 2 levels of parking, offering 20 luxury condos, 11 live-work units and 5 commercial retail units. Alto on Capitol Hill is a family-friendly location that is walking distance to Capitol Hill Elementary, Burnaby North Secondary schools & Kensington Park. It is only a 3-minute drive to Kensington Square Shopping Centre, featuring several top-rated shops, grocers, and restaurants. Close to SFU (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
105 5535 Hastings Street
Postal Code
V5B1R2
Location Highlights
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Listed by
YPA Your Property Agent 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
941
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
$1,433,500
Asking Price
$1,433,500
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)
941
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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