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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$949,000
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
Attention Doctors and Health Care Professionals! Professionally developed clinic space, all set up and ready to start your business immediately, and a Pharmacy right next door! This stand alone building features plenty of easily accessible parking and located on a main artery of the city and bus route. The Clinic is ready with 5 exam rooms, 3 offices, large waiting room, built in reception desk with secured work area and barrier free entrance. Open plan includes vaulted ceilings and ceramic tile throughout the main areas for easy maintenance. Potential equipment purchase available. Building was originally built to expand onto the graveled area in front. (id:39198)
Location
Province
Alberta
City
Medicine Hat
Address
402 Maple Avenue Se
Postal Code
T1A0L3
Location Highlights
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Listed by
RE/MAX MEDALTA REAL ESTATE 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
3,737
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
$949,000
Asking Price
$949,000
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)
3,737
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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