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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,990,000
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
- Excellent location and rare, as zoning R9/RES-7 for High Rise density multiple residential and Non residential. Floor Space Ratio 4.0 which allowing around 216,900 sq. ft. flooring space with following other zoning conditions. site in King Street East, Kitchener. - Location offers excellent amenities within walking distance to Fairview Mall. Quick access to the expressways 7, 8, and 401. - Serviced with municipality Water, sewage, Hydro, and Gas. - A house on the property to be taken down by the buyer. - Survey 2020, and Phase 1 Environmental Site assessment 2011 are available. - List of permitted uses is available. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
3211-3217 King Street E
Postal Code
N2A1B1
Location Highlights
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Listed by
RED AND WHITE REALTY INC. 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
$7,990,000
Asking Price
$7,990,000
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
N/A
Market Competition
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