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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$750,000
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
EXCEPTIONAL PROFESSIONAL OFFICE SPACE IN CALGARY’S THRIVING NORTHWEST. Introducing a distinguished opportunity to own premium office space in Calgary’s sought-after northwest corridor. Located at The Point at Nolan Ridge, this office suite provides a generous 1,200 square feet, meticulously finished in 2023 with high-quality materials, reflecting a commitment to excellence and professional standards. Key Features: •5 well-appointed offices, a large flex room with a view, a welcoming reception area, dedicated kitchen/staff room, and an internal bathroom, all designed to accommodate a variety of professional needs and ensure operational efficiency. •Combine with adjacent unit 205 (also for sale) for a total of 2,430 SF and offer even greater flexibility in use •Superior finishings, with attention to detail evident in every aspect of its design and functionality, setting a new standard for professional environments. •Flexibility for strategic investment or bespoke business operations, offering a unique advantage in Calgary’s commercial real estate market. •Prime Location within the Nolan Ridge commercial district and nearby Beacon Hill commercial district and the affluent communities of Nolan Hill, Sage Hill, Sherwood, and Kincora. This location combines accessibility to a growing community with the serene backdrop of Calgary’s northwest, ideal for businesses seeking a balance of convenience and quality of life. •Especially suited for professional offices or medical practices, this space is versatile enough to cater to a broad spectrum of services. •This offering represents a rare chance to position your business or investment in one of Calgary’s most desirable areas, benefitting from the growth and dynamism of the surrounding communities. Invest in Excellence. Discover the potential of The Point at Nolan Ridge. Contact us for a private viewing and explore how this space can elevate your professional presence in Calgary. (id:39198)
Location
Province
Alberta
City
Calgary
Address
210 50 Nolanridge Court Nw
Postal Code
T3R1W9
Location Highlights
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Listed by
Royal LePage Solutions 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
1,200
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
$750,000
Asking Price
$750,000
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)
1,200
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
