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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,500,000
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
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Opportunity to purchase a 21,600 square foot building near 124th Street and minutes away from downtown Edmonton. The AMA Building offers four floors of professional developed office space featuring multiple private offices, boardrooms, meeting rooms, and open work areas in addition to an underground heated parkade. The AMA Building is situated in the heart of the 124th Street district, just steps away from the iconic 124th Street, renowned for its eclectic mix of boutique shops, art galleries, restaurants, and more. Everything you need is within walking distance. Just one block away is Manchester Square, a unique retail redevelopment that brings European architecture and atmosphere to the area. It is home to 19 locally owned shops and businesses. The trendy Brewery District is also nearby, offering a variety of cafés, restaurants, grocery stores, fitness centers, personal services, and more.Other Property Types: OfficeSubject Space Width: 78Ownership Interest: PrivateSite Services: Fiber Optics,See RemarksSite Influences: Shopping Nearby,Public Transportation,See Remarks,View DowntownTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: YesAppointment Name: Courtney WealeAppointment Phone: 780-917-4156Paragon Listing ID: E4460523 (id:39198)
Location
Province
Alberta
City
Edmonton
Address
106
Postal Code
T5N3Z1
Location Highlights
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Listed by
HonestDoor Inc Alberta 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
21,600
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
$3,500,000
Asking Price
$3,500,000
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)
21,600
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
