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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,300,000
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
Prime office space located in Peace River's downtown core. Located directly on Main Street, you will find almost 20,000 sq ft of office space. Currently divided up to house a multitude of offices, there is plenty of flexibility here for the largest or smallest of office requirements. Look at the further potential of possibly turning the upstairs into condos or apartments and maintain the main level as office space. There is street parking out front and along the side of the building plus designated covered parking out back and plenty of overflow parking available in the Centennial Parking Lot. Check out this prime location office space today! (id:39198)
Location
Province
Alberta
City
Peace River
Address
9713 100 Street
Postal Code
T8S1S8
Location Highlights
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Listed by
Re/max Northern 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
19,300
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
$1,300,000
Asking Price
$1,300,000
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)
19,300
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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