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Office Space For Rent at 508 RIVERBEND Drive Unit# LC1 in Kitchener, Ontario

4 Sale ID #220902
Updated 05 May 2024

Sq. Ft. Rate

$1

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

The office space at 508 Riverbend Drive in Kitchener is 7,000+ square feet and offers a range of impressive features, climate-controlled LAN Room with back-up generator, UPS, racking, a cable management system in-place for 40+ workstation and a fire suppression system. These features offer the tenant operational continuity and safety. Suite has Boardroom, 3 Meeting Rooms, 2-single and 1-double telephone rooms and a Kitchenette. Onsite amenities include Fitness room, 100+ seat Theatre, golf simulator and catering kitchen. Grand River and Walter Bean Trail less than 5 minutes walking distance, close to Expressway 85. Onsite parking included. *Furniture pictured is not included in lease. (id:39198)

  • MLS® : #40564773
  • Date Listed : 02 Apr 2024

Location

Province

Ontario

City

Kitchener

Address

508 Riverbend Drive Unit# Lc1

Postal Code

N2K3S2

Location Highlights

N/A

Listed by

COLDWELL BANKER PETER BENNINGER REALTY Ontario listing

Category

office-space

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

7,031

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Sq. Ft. Rate

$1

Asking Price

$1

Rate/yr

N/A

Floor of Lease

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

7,031

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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