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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,000
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
FOR SALE $899,000.00 OR LEASE @ 10/sqft base rate 1st year - 10217 Queen Street! 7000+ sqft of absolutely premium built out office space in the downtown area. Formerly the space was occupied by Alberta Health Services and was built to meet those standards; I don't think you'll find anything else like it. You have 19 parking stalls for all the staff and visitors; and in the Inside you have lots of flex space! Currently you have 11 offices, 3 large areas that can accommodate cubicle configuration, Large board room with privacy sliding wall to make break out rooms, large reception and lobby area, his/her bathrooms (multi stall), IT rooms, storage rooms, 3 separate staff areas/lunchrooms, print room and much more. Also all the furniture will stay if required so truly almost turn key for any operation. Finally best off all is all the WINDOWS! This space has windows around the entire space and allows lots of natural light into the building. Access to the building also is very easy as it sits on the corner of Prairie loop which connects to other major traffic arteries. Finally if your employees want a break there is a beautiful walkway and park across the street they can visit on there break or at lunch and also many other great amenities close by for them to enjoy as well making a great work environment. Call today for more details! (id:39198)
Location
Province
Alberta
City
Fort Mcmurray
Address
10217 Queen Street
Postal Code
T9H5S5
Location Highlights
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Listed by
COLDWELL BANKER UNITED 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
7,440
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
$899,000
Asking Price
$899,000
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)
7,440
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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