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Office Building For Sale at 632 6378 SILVER AVENUE in Burnaby, British Columbia

4 Sale ID #216471
Updated 03 May 2024

Asking Price

$749,000

Cap Rate help 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

AAA OFFICE SPACE FOR SALE in SUNTOWER-PRIME LOCATION!!! Fastest growing area in Metrotown.Separate office lobby and elevators from the residential part, High profile strata office building features individual HVAC. On site restaurants, spa, daycare, and retails. Executive boardroom equipped with convenient digital booking & video conference system, a training room, five separate meeting rooms, a dedicated business lounge & a sound-proof phone room for exclusive use. Elevated concierge & professional services include assisting with package deliveries, postal service room with private mailboxes, dry cleaning drop off, meeting room & amenity bookings. High-speed Fibre-optic cable connectivity. Two levels of underground parking. Just located next to theMetrotown SkyTrain. (id:39198)

  • MLS® : #C8058533
  • Date Listed : 19 Mar 2024

Location

Province

British Columbia

City

Burnaby

Address

632 6378 Silver Avenue

Postal Code

V5H0J2

Location Highlights

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Listed by

LeHomes Realty Premier British Columbia listing

Category

office-buildings

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

0

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$749,000

Asking Price

$749,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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