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Suite of tools & services
Benefits
Asking Price
$449,000
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
This 3,375 square foot two storey office/retail corner unit is ideal for any business looking for an affordable option with great exposure. The main floor features a welcoming open front entrance with vestibule, four office, storage, lunchroom, two washrooms and bay area with overhead door. Upstairs has a bright bullpen area, washroom, office and large lunch/boardroom area with private exit. This property has ample parking at the front and rear of the building and amazing signage onto Highway 40. This is a property that any small business looking to own their building should take a close at. The Landlord is open to a market-rate leasing option for an approved tenant. Call your Commercial Realtor© for more information or to book a showing today. (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
112 8716 108 Street
Postal Code
T8V4C7
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
3,375
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
$449,000
Asking Price
$449,000
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)
3,375
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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