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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,950,000
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
40.15 ACRES in MELTWATER NSP. Just south of Ellerslie Road on 34 Street SW in the City of Edmonton.This area is ready for development and offers excellent investment opportunities . MELTWATER NSP was requested by 4 major developers and City of Edmonton. Planed roadway and utility servicing. 1 of 23 private owned parcels, 3 publicly owned parcels and a public reserve parcel . Future zoning is likely residential. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
2450 34 Street Sw
Postal Code
T6X1A5
Location Highlights
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Listed by
RE/MAX LANDAN REAL ESTATE 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
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
$2,950,000
Asking Price
$2,950,000
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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