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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,500,000
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
N/A
Building Size
N/A
Premise Summary
Great Investment Opportunity In Prime Thornhill! Corner Commercial/Retail Plaza With 2 Freestanding Mixed Use Buildings On Property. Very Busy Location With High Traffic Area. Few Existing Tenants And Good Income In-Place. Commercial And Residential Zoning Allows For Multiple Uses Of The Property. Lots of Available Parking, 2 Commercial/Retail Buildings With 3 Residnetial Apartments. Well Established Residnetial Neighbourhood, Close To Yonge Street, Public Transportation, All Amenities, And 2 Schools Nearby. Recently Renovated Supermarket/Produce/Convenience Store, And Pet Grooming Are The Current Commercial Tenants. 3 Residential Apartments (1 Is Currently Vacant & Fully Renovated). Great Opportunity To Add Value, Increase RentsTo Market Price, Generate Good Rental Income Or Run Your Own Business. Zoning Allows for Additions And Full Redevelopment. **** EXTRAS **** Lots Of Parking, Public Transit, Great Exposure & Large Daily Traffic. Great Rent Upside And Redevelopment Potential. (id:39198)
Location
Province
Ontario
City
Markham
Address
136-140 Henderson Ave
Postal Code
L3T2L5
Location Highlights
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Listed by
ROYAL LEPAGE YOUR COMMUNITY REALTY Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
6,000
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
N/A
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
N/A
Financial Information
Yearly Rate
$2,500,000
Asking Price
$2,500,000
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
6,000
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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