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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,149,000
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
BRAND NEW 'Class A' CORNER STRATA OFFICE at Sophora at the Park by reputable developer, Polygon family of companies. Located in the heart of Coquitlam Town Centre on Glen Drive & Westwood Street, this exceptionally located office is across from Glen Park, two blocks from Coquitlam Centre Mall, & is a 5-minute walk to two SkyTrain stations. The West Coast Express is less than a 15-minute walk. Best-in-class amenities, parks, trails, services, retailers, & restaurants all within minutes walking distance. Corner suite with expansive windows on both sides draws in plenty of natural light. Delivered in unimproved 'shell' condition, providing a customizable space for business owners or investors seeking to tailor the office space according to personal preferences & business requirements. Common bathrooms directly adjacent to the suite. Bonus 2 parking stalls. Zoned for office use with a wide range of potential uses: medical, specialist, dental, accounting, legal, tech, & more! Please call for more information. (id:39198)
Location
Province
British Columbia
City
Coquitlam
Address
200 3056 Glen Drive
Postal Code
V3B0V1
Location Highlights
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Listed by
Rennie & Associates Realty Ltd. British Columbia 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
1,157
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
$1,149,000
Asking Price
$1,149,000
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)
1,157
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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