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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,990,000
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
The Neelu Bachra Centre is a top-tier destination for office and retail strata, strategically positioned in close proximity to the newly established Broadway and Cambie Skytrain station. This sub-penthouse, covering 1,359 square feet, stands out as one of the exclusive corner units featuring its expansive 870 square feet private patio, perfect for hosting events or conducting team meetings with a breathtaking panoramic view of downtown. Additionally, the unit offers the convenience of two reserved parking spaces and ample visitor parking for those who prefer not to utilize the Skytrain. Designed for efficiency, the office layout includes two entrances, two enclosed offices, a spacious boardroom, and an open office area. Surrounding amenities include a variety of dining options, coffee shops, and the convenience of being just a block away from Whole Foods. Whether you're an owner-user or investor, this opportunity merits serious consideration. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
647 And 649 550 W Broadway Street
Postal Code
V5Z0E9
Location Highlights
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Listed by
Heller Murch 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
1,359
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
$1,990,000
Asking Price
$1,990,000
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)
1,359
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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