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Suite of tools & services
Benefits
Asking Price
$5,499,999
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
Discover an unparalleled opportunity with this 7.49-acre parcel situated in a superior location west of the intersection of Hyde Park Road and Fanshawe Park Road, in proximity to the thriving Smart Centre's hub. Positioned in a prime development zone, this expansive property offers a strategic and coveted position for those seeking a lucrative investment or envisioning a visionary development project. With proximity to essential amenities and a burgeoning commercial landscape, the potential for this prime real estate is boundless. Take the chance to secure a prominent stake in this rapidly growing and sought-after area one of the few remaining commercial sites in North West London. Land consists of 2 properties 1685 Fanshawe Park Road West with 3.58 acres and 1683 Fanshawe Park Road with 3.91 acres for a total of 7.49 acres. 2 separate ARN numbers and 2 pin numbers. Currently, the property is leased by Site One Landscape Supply Limited. (id:39198)
Location
Province
Ontario
City
London
Address
1683 & 1685 Fanshawe Park Rd W
Postal Code
N6H5L3
Location Highlights
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Listed by
ROYAL LEPAGE TRILAND REALTY 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
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
$5,499,999
Asking Price
$5,499,999
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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