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Office Building For Sale at 10129 128 AV in Grande Prairie, Alberta

4 Sale ID #59735
Updated 01 May 2024

Asking Price

$1,720,000

Cap Rate help 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

Lot Size

N/A

Building Size

N/A

Premise Summary

Unique Property: Ideal for educational training services, medical and general professional practices Exposure/Access: Corner site with prime frontage onto 128th Avenue and 101Street Functionality: Modern construction/amenities with ability to demise and/or expand building footprint Site Coverage: 13.37%, offers abundant on site parking and storage opportunities (id:39198)

  • MLS® : #E4293538
  • Date Listed : 13 May 2022

Location

Province

Alberta

City

Grande Prairie

Address

10129 128 Av

Postal Code

T8V1X9

Location Highlights

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Listed by

NAI Commercial Real Estate Inc Alberta listing

Category

office-buildings

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

N/A

Building Size

10,296

Year Built

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Years Remaining in Current Lease Term

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,720,000

Asking Price

$1,720,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

10,296

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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