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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
Discover the LATIMER BUSINESS HUB - a class AAA professional & productive workspace located in one of the most sought-after commercial communities in the Fraser Valley. Strategically positioned at the crossroads of 200th St & 84 Ave in Langley near Hwy 1, this modern & thriving epicenter offers quick access to Vancouver & a broad range of business markets. We are excited to offer a 1044 sqft warm-shell office space with HVAC, zoned CD-126, making Unit B315 perfect for a wide range of commercial uses including professional offices, medical services & retail services. Featuring a bright & spacious floor plan with panoramic mountain views from large windows, 12-foot high ceilings, ample underground & surface parking, high-speed internet & access to rooftop amenity space. This is the perfect space to cultivate a productive atmosphere for your business. Don't wait, secure your spot in one of the most desirable commercial locations in BC. Contact today & start building your business in this amazing space! (id:39198)
Location
Province
British Columbia
City
Langley
Address
B315 20020 84 Avenue
Postal Code
V2Y5K9
Location Highlights
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Listed by
Lighthouse 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
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 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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