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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,170,000
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 867 sq.ft. office is a LEED Silver strata office, at Intracorp's Silver. Located one block from Metrotown Skytrain station and across the street from Metropolis at Metrotown. Centrally situated in Burnaby, BC and easily accessible from all areas of the Lower Mainland. The building features on-site retail and numerous amenities including shops, restaurants, and services are located in the immediate area. Unit features full air conditioning, lots of windows that provide an abundance of natural light and an expansive view. Has to be bought with unit 303, together 1817, newly renovated and tenanted. 2 Parkings in total. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
302 4388 Beresford Street
Postal Code
V5H0E7
Location Highlights
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Listed by
RE/MAX Westcoast British Columbia 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
867
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
$1,170,000
Asking Price
$1,170,000
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)
867
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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