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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,030,000
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
Aberdeen Square - Richmond's most prestigious and wellknown office location on No 3 & Cambie. Direct covered access to Canada Line Aberdeen Station, and connected to Aberdeen's Centre shopping mall, over 1 million yearly customers. Selling two conjoined office units, 6170 & 6175. Spacious office is on top level of the building, with west looking view to the Fraser River and YVR international airport. This beautifully kept office offers 3 glass-enclosed offices, 1 meeting room, and a common/co-working space for versatile usage. Electricity is included in the strata fee. Owner occupied. Quick possession is ok. Two parking spots. Please do not disturb staff. YouTube Link: https://youtu.be/DybW9GNxiYE?si=NirT3EWivxZoVMhC (id:39198)
Location
Province
British Columbia
City
Richmond
Address
6170&6175 4000 No. 3 Road
Postal Code
V6X0J8
Location Highlights
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Listed by
Pacific Evergreen Realty 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
953
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
$1,030,000
Asking Price
$1,030,000
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)
953
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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