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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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
Located in the heart of Downtown Burnaby next to the Metrotown SkyTrain station, THE CENTRE offers prime office units and top-of-the-line interior finishes, an exclusive lobby with elevated concierge services, a restaurant/spa, plus on-site daycare and two levels of underground parking. It is also adjacent to BC's largest shopping mall, Metropolis at Metrotown, as well as Burnaby's beautiful Central Park. Travel time to all major city centres, via public transit or by car, is within 8-38 minutes. The unit can be purchased individually or combined with neighbouring units 409 and 410. Delivered in shell condition. Available now for occupancy. Please contact the listing agents for more information and to schedule a tour. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
409 6378 Silver Avenue
Postal Code
V5H0J2
Location Highlights
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Listed by
eXp 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
397
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
$499,000
Asking Price
$499,000
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)
397
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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