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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$394,900
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
Beautiful ground floor 1431 sq ft office with easy access and plenty of parking. Get away from the same old hallway & offices, this modern and bright space is dynamic and engaging and encourages collaboration. It features a welcoming reception area , 6 offices (one with a separate filling room), kitchen with dishwasher, large storage area and a cozy lounging area. Very functional and professional space with white on white architectural details that creates the perfect backdrop for your individual brand, have your office personalized in minutes! This is an excellent opportunity! Current lease is month to month and tenants are negotiable for possession date to make your move easier. Book your showing today! (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
103b 10055 120 Avenue
Postal Code
T8V8H8
Location Highlights
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Listed by
Better Homes and Gardens Real Estate Approved Properties 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
1,431
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
$394,900
Asking Price
$394,900
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)
1,431
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
N/A
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