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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$479,900
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
Multi tenant commercial office building located on a high traffic street in Athabasca. This single story building was constructed in 2007 with a full addition made to double the size in 2014. Currently leased out to several professionals including a law firm, psychologist, massage therapist and Environmental Consultant firm. Main reception area off the entrance and exterior entry doors on most office spaces. There are a multitude of uses this building can offer or purchase it as is and have a rental investment that caters to many tenants with large firms or small businesses. Athabasca is a centrally located northern Alberta community 1.5 hours north of Edmonton, 2.5 hours south of Fort McMurray and 1.5 hours south of Slave Lake. (id:39198)
Location
Province
Alberta
City
Athabasca
Address
5408 50 Avenue
Postal Code
T9S1M2
Location Highlights
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Listed by
ROYAL LEPAGE COUNTY REALTY Alberta 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
2,840
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
$479,900
Asking Price
$479,900
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)
2,840
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
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
