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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$459,900
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
The modern and convenient space that your business deserves! New office building with inviting design and ample parking. This fully-finished office space with high ceilings features a boardroom area, separate office, kitchenette and private bathroom. Perfect for medical professional or other business types. On 2nd floor with easy access to elevator and parking, all wheelchair accessible. Great location, highly visible and close to QEW/403/407. **** EXTRAS **** Turnkey, fully finished office in modern building with lots of parking. (id:39198)
Location
Province
Ontario
City
Burlington
Address
#216 -5045 Mainway
Postal Code
L7L5Z1
Location Highlights
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Listed by
RE/MAX ESCARPMENT REALTY INC. Ontario 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
850
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
$459,900
Asking Price
$459,900
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.
N/A
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)
850
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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