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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$638,000
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 NEW Mark, across from Metrotown Mall, 579 sq. ft. office with functional layout, improved with glass partition boardroom, storage room, three treatment rooms, air conditioning and security alarm, including one underground security parking stall P4-#209. Suitable for professional service office such as medical clinic, chiropractor, acupuncture and massage, legal service, accounting service, etc. AAA multi commercial use building with good security and ample parking . CONVENIENT LOCATION, close to Highway #1, public transit, skytrain, bus stop, Metrotown Shopping Mall, restaurants, etc. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
406 4885 Kingsway
Postal Code
V5H4T2
Location Highlights
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Listed by
Royal Pacific Realty (Kingsway) Ltd. 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
579
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
$638,000
Asking Price
$638,000
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)
579
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
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