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Benefits
Asking Price
$3,950,000
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
This almost 5 Acre Commercial Development Site is strategically located right by the QEW and Netherby Road intersection, a midpoint between Niagara Falls and Fort Erie, in the Niagara Region of Ontario, Canada With this property being located right by the the QEW/Netherby exit it offers an immensely high traffic volume ( approximately 20,000 vehicles a day) along a recognized Canada – U.S. trade corridor When the new highway (The Niagara GTA East Corridor) is built the Netherby Road and QEW interchange has a huge potential of being the terminus of the new highway thus making this property that more ideal with the extra traffic flow. This property is within the urban boundary and zoned for commercial development C4 allowing (a) Automobile Service Stations (b) Gasoline Bars (c) Car Washes (d) Motor Vehicle Repair Shops (e) Commercial Refuelling stations; (f) and Uses, buildings and structures accessory thereto such as Coffee Shops, Truck Stops, Convenience Stores etc. (See Zoning in the Supplements) Services abutting Townline Road include water, hydro, natural gas and fibre optics with sanitary sewers anticipated to be extended along Townline Road A McDonald’s restaurant with drive-thru has recently been approved for a development located right across the street and with this site also being located right outside a massive retirement centre known as Black Creek Retirement Park it would be a perfect property for a development with a combination of a Gas Bar, A Large Truck/Car Wash, A Tim Hortons or Starbucks, A Fast Food Restaurant or two and a Convenience Store. Call today to find out more about this fantastic commercial development site. (id:39198)
Location
Province
Ontario
City
Stevensville
Address
N/a Netherby Road
Postal Code
L0S1S0
Location Highlights
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Listed by
COLDWELL BANKER MOMENTUM REALTY BROKERAGE 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
$3,950,000
Asking Price
$3,950,000
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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