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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,300,000
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 development site in Surrey City Centre's "The Forsyth" neighbourhood. OCP designated for multi-family residential up to 2.5 FAR. Adjacent 6-storey projects include "Hendrix" by Sync and "Radley" by West Fraser. Sitting on 15,226 sq ft of land, this lot is near transportation, shopping, parks, and schools! Don't miss your chance on this incredible opportunity! Inquire for more details. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
13878 108 Avenue
Postal Code
V3T2K8
Location Highlights
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Listed by
Sutton Premier Realty 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
$3,300,000
Asking Price
$3,300,000
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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