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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$819,000
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
This centrally located Office space is one block off Albert St N, close to many other amenities. The 7,068sf building boasts 2 large classrooms, 11 offices, warehouse storage and a garage. There are also 3 washrooms on the main floor and another 2 that service the upstairs classroom. There is a large onsite parking lot that can accommodate more than 28 vehicles. The Property is Zoned MLM. Contact Listing Agents for more information or showings. (id:39198)
Location
Province
Saskatchewan
City
Regina
Address
2625 3rd Avenue
Postal Code
S4T0C8
Location Highlights
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Listed by
RE/MAX Crown Real Estate 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
7,068
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
$819,000
Asking Price
$819,000
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)
7,068
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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