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Land For Sale at 1216 2426 RUTHERFORD RD S in Brampton, Ontario

updated
4 Sale ID #145050
Updated 05 May 2024

Asking Price

$35,000,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

Calling all investors!! Here is a once and life time opportunity to own 3 amazing properties in the heart of Brampton located on Rutherford Rd S just south of Queen St. Sitting on approximately 4.61 acres these properties have 5 tenanted buildings with over 62,000 sq ft. All properties are part of the Queen St Corridor Secondary Plan with either QMUT or FD zoning. Properties feature 325 ft frontage on Rutherford Rd S. This assembly includes 12/16, 24, 26 Rutherford Rd S. The Queen St Corridor Secondary Plan has been established to attract significant growth through revitalization and infill/intensification. The development opportunities are endless! (id:39198)

  • MLS® : #W6705534
  • Date Listed : 28 Jul 2023

Location

Province

Ontario

City

Brampton

Address

1216 2426 Rutherford Rd S

Postal Code

L6W3J1

Location Highlights

N/A

Listed by

ROYAL LEPAGE RCR REALTY Ontario listing

Category

land

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

62,946

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$35,000,000

Asking Price

$35,000,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

62,946

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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