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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,499,000
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
Very rarely available at the Prime "Kerrisdale" shopping center location. Street level, 2 existing tenants - leases in place. The building has been well maintained. Two parking spaces at the back. NNN lease, Good for holding income. Info pkg avail, please DO NOT disturb tenants. C2 commercial zoning up to FSR 3.5. Closed to recent Arbutus Corridor Developments. Nearby properties could be purchased for land assembly. Do your due diligence to consult the City. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
2063 W 41st Avenue
Postal Code
V6M1Y7
Location Highlights
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Listed by
Unilife Realty Inc. 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
1,815
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
$4,499,000
Asking Price
$4,499,000
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)
1,815
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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