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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,065,000
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 Centre at Sun Towers"is a high profile LEED Silver strata office space across the street from the popular Metropolis at Metrotown and the Metrotown Skytrain Station. The building features on-site retail and numerous amenities. Unit features open area office, HVAC throughout, lots of windows providing an abundance of natural light, boardroom/meeting room available for use, five (5) common area balconies available for use and one (1) parking stall. Please telephone or email listing agents for further information or to set up a viewing. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
407 6378 Silver Avenue
Postal Code
V5H0J2
Location Highlights
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Listed by
RE/MAX Crest Realty 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
887
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
$1,065,000
Asking Price
$1,065,000
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)
887
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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