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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$931,000
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
WHY LEASE OR RENT WHEN YOU CAN BUY THIS WELL LAID OUT SPACE IDEAL FOR | OFFICE USE | DANCE OR YOGA STUDIO | IMMIGRATION OFFICE | LAW OFFICE | INSURANCE OFFICE | GREAT FOR IT OFFICE | ACCOUNTING OFFICE |SELF EMPLOYED | MANY OTHER USES. | Nexus Business Centre is a Class A business development in Calgary. Raising the office standard in the Calgary market, experience abundant free surface parking, secured building entrances, common washrooms on every floor, an elevator for convenient access and 24-hour CCTV surveillance. This move-in-ready office is 2864 SQ. FT. receives incredible natural light throughout the workday from floor-to-ceiling glass windows that face 5th Avenue NE. Take advantage of an adaptable open concept, an in-unit employee kitchen area, and an individually metered HVAC system. Situated five to 10 minutes from Downtown Calgary, Nexus Business Centre offers quick access to the Trans-Canada Highway and Barlow Trail NE. It sits within walking distance of the Marlborough LRT Station. Additionally, reach the Northgate Village Shopping Centre, Pacific Place Mall, Marlborough Mall and numerous dining and shopping options within short drives. (id:39198)
Location
Province
Alberta
City
Calgary
Address
213 3223 5 Avenue Ne
Postal Code
T2A6E9
Location Highlights
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Listed by
RE/MAX Realty Professionals 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
2,864
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
$931,000
Asking Price
$931,000
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)
2,864
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.
