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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$700,000
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
The featured property is an office building that has two levels in the heart of downtown Prince Albert located across the street from City Hall. The office is fully completed and ready to move in. It has onsite parking that includes sheltered stalls as well. There are two levels that are separate so that one of the levels could be leased out to a Tenant. Upper Level - 5,841 square feet Lower Level - 5,127 square feet Total Building Size - 10,968 square feet (id:39198)
Location
Province
Saskatchewan
City
Prince Albert
Address
25 11th Street E
Postal Code
S6V0Z8
Location Highlights
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Listed by
Coldwell Banker Signature Saskatchewan 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
10,968
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
$700,000
Asking Price
$700,000
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)
10,968
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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Why this Marketplace was Created
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