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Office Space For Rent at 85 Thorburn Road Unit#101 in St. Johns, Newfoundland & Labrador

4 Sale ID #194352
Updated 04 May 2024

Sq. Ft. Rate

$13

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

Ideal office space located only seconds from Avalon Mall and O'Leary Industrial Park. This first floor space consists of 2,390 sq ft of well appointed office space. It offers an open area for work stations, private offices, board room , reception area, kitchen area, plus a storage area. Shared washrooms available on first and second floors. The building has swipe card access and will include limited parking. $13 per foot base rent, plus $10.50 operating. (includes heat, light, janitorial, building maintenance, snow clearing, alarm monitoring, lawn care, etc). Business tax is extra. (2022 it was $1.53/sq ft).Vendor will provide as an added bonus a tenant inducement of $10k towards painting, carpet, etc. in addition to 2 months free rent. (for leases of 3 years or more) (id:39198)

  • MLS® : #1266786
  • Date Listed : 07 Jan 2024

Location

Province

Newfoundland & Labrador

City

St. Johns

Address

85 Thorburn Road Unit#101

Postal Code

A1B3M2

Location Highlights

N/A

Listed by

Royal LePage Atlantic Homestead Newfoundland & Labrador 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

2,390

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

$13

Asking Price

$13

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)

2,390

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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