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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$15
Lease Rate
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Space Size
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Year Built
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Premise Summary
Over 1,500 sq ft | Mixed-Use Building | High-Exposure Location on 100 Street Take advantage of this exceptional leasing opportunity in the heart of Morinville. This corner retail unit features two bays with high visibility on busy 100 Street — ideal for attracting both foot and drive-by traffic. Previously used as a professional office, the space is thoughtfully laid out and includes: • 4 private office rooms • Reception area with a waiting area • Washroom and kitchen area Perfect for a variety of businesses, including: • Medical or wellness clinics • Physiotherapy or chiropractic offices • Spa, esthetics, or beauty services • Professional or consulting offices Leasing Details: • Full Unit Lease: Gross lease — tenant only pays for their own power. Tenant will take care of their own maintenance of the unit. $1850/ month minimum 2 year lease. Looking to start small? Private office rooms available for lease at $600/month each — gross lease * Place is vacant for possession*Other Property Types: Office,RetailSubject Space Width: 0Ownership Interest: PrivateSeller Rights: YesAppointment Name: Sam/ ChristineAppointment Phone: 587-329-3082Lease Operating Costs Included: Power bills and maintenance of the unitParagon Listing ID: E4449781 (id:39198)
Location
Province
Alberta
City
Morinville
Address
100 Street
Postal Code
T8R1M9
Location Highlights
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Listed by
Initia Real Estate Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Space Size
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Available Space
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Building Size
1,500
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
Sq. Ft. Rate
$15
Asking Price
$15
Rate/yr
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Floor of Lease
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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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,500
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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