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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,599,900
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
Bridgeport Business Centre - a AAA class business centre located in the busy commercial area in Richmond. Surrounding by surper markets, restaurants, caff, and hotels. Minutes to Vancouver International Airport (YVR). This complex will entail two office buildings and two hotels operated by Marriott International: Courtyard Marriott and Residence Inn Marriott. IBI Group is behind the design of the redevelopment. This unit is on floor 4, offering a 1727 ft place with 150-degree city and mountain view. Other features include two outdoor decks on the top two floors and 256 vehicle parking stalls. (id:39198)
Location
Province
British Columbia
City
Richmond
Address
430 2777 Jow Street
Postal Code
V6X0V7
Location Highlights
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Listed by
Laboutique 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
1,727
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
$1,599,900
Asking Price
$1,599,900
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)
1,727
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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