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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,198,000
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
Latimer Business Hub welcomes you to brand new built professional & productive commercial strata building located in the prime area of Langley. This shell space unit of 1.108 sq. ft is now ready to start building your business in this amazing space! 12-foot-high ceilings with large glass windows enhances unit with bright & spacious floor plan with panoramic mountain view and provide great exposure to unit. This building is office building and can be used for commercial use, medical office or clinic, dental or chiropractic office, education, financial institutions, retail or office. Please note, there may be additional building permit and licensing requirements. Please contact 778.883.6337 for more information. -Measurements supplied by sellers and all measurements are approximate. (id:39198)
Location
Province
British Columbia
City
Langley
Address
B310 20020 84 Avenue
Postal Code
V2Y5K8
Location Highlights
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Listed by
Century 21 Coastal 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
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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
$1,198,000
Asking Price
$1,198,000
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)
0
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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