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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
1,325 SF of shell office space available for purchase or lease at the new HIVE building in Downtown Kamloops. Join McMillan Dubo Law Group and William Wright Commercial Real Estate Services on the fourth floor. Central Downtown Kamloops location, just steps from The Delta Marriott Hotel and Centrepoint, the transit exchange, local restaurants, coffee shops, entertainment, and recreation amenities. The building boasts expansive windows, high ceilings, on site parking, modern building efficiency, after-trip facilities, and easy customer access, giving your business everything it needs to thrive and excel in a changing marketplace. Possession available immediately. The building offers a professional office and retail tenant mix including BDC, Urban Systems, McMillan Dubo Law Group, Investor's Group, Smile Dentistry, Stills House Distillery, Mucho Burrito and La Diperie. Lease listing under MLS 171572. (id:39198)
Location
Province
British Columbia
City
Kamloops
Address
403-121 5th Ave
Postal Code
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Location Highlights
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Listed by
Unison HM Commercial Realty British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
0
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
$650,000
Asking Price
$650,000
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.
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)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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