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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$660,000
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
Click brochure link for more details** Exclusive opportunity to acquire two commercial development pad sites located in Drayton Valley, Alberta. Located in Drayton Valley with prominent exposure to 50th Street, the Horizon Centre benefits from strong traffic counts and excellent accessibility. Neighbouring properties include the Petro Canada fuel and convenience and the Best Western Plus All Suites which both help to draw traffic and customers to the Horizon Centre. Fully occupied retail centre tenanted by Mr. Mike's, Ace Liquor and Lube City. Total leasable area of 10,886 square feet situated on a 3.64 acre siteTwo serviced and immediately developable pad sites of 32,615 square feet and 39,181 square feetLocated with prominent exposure to 50 street, the property benefits from strong traffic counts (5,800 vehicles per day) and excellent accessibility. Shadow anchored by Best Western Plus Inn & Suites (90 rooms) and Petro-Canada retail fuel bar, convenience store, and cardlock fuel (id:39198)
Location
Province
Alberta
City
Drayton Valley
Address
2248 50 Street
Postal Code
T0E1Z0
Location Highlights
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Listed by
Honestdoor Inc. Alberta 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
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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
$660,000
Asking Price
$660,000
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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