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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,184,000
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
3,961 square feet of high end office space available in Northridge. This space has been used as a eye specialist office. Wheel chair accessible. Very attractive office with a large reception area and plenty of seating space for clients or patients. approximately 16 offices, two separate washroom areas at either end, boot room at front door, board room and kitchen / staff room. Excellent location! Large parking lot. All on one main floor level. Attractive building! (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
102 & 103 11709 102 Street
Postal Code
T8V7S6
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
3,961
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
$1,184,000
Asking Price
$1,184,000
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)
3,961
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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