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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,490,000
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
Come and check out the excellent current and future Opportunities: 9.69 Acres inside the City of Airdrie, Alberta • Approved City of Airdrie Interim Use Area with a multiple variety of interim business uses • Located on paved Yankee Valley Boulevard adjacent to Airdrie AirPark • Within the Southeast Yankee Valley Boulevard Community Area Structure Plan (Phase 3). • SE YVB ASP is showing future Commercial/Mixed Use and the proposed future Range Road 292 re-alignment provides excellent north-south access to Yankee Valley Boulevard east-west access • Surrounded by Developer owned properties Located within one of Canada's fastest growing cities and ideal for interim business uses (by approval) while you wait for excellent future development potential. Primarily land value, there are a variety of old derelict buildings and a very old "home" with addition, and old mobile home, all of which are sold "as is". Come and check out the opportunities! Call for more details. (id:39198)
Location
Province
Alberta
City
Airdrie
Address
291143 Township Road 270 Se
Postal Code
T4B2A4
Location Highlights
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Listed by
Yates Real Estate Ltd 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
$2,490,000
Asking Price
$2,490,000
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.
N/A
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
N/A
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