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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,000,000
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
8,000 square foot office building and a 7,690 square foot shop available in Richmond Industrial Park. The office is set up for a company needing lots of offices and each is equipped with nice desks and shelving!! This space is clean and looking great. It has a large reception area with a big desk, many many large offices (most have windows), a huge kitchen / lunch or recreation type room, a board room with a large meeting table and a screen, storage with file shelving, bathrooms, janitor room, copier room. Very nice building and all on ground level! The shop is split into 3 areas. The shop also has an office on the main level & an office / lunchroom on the mezzanine. There is a coffee station with cupboards and countertop between bays. There is a frame for a two ton crane and a shop drain. These are two separate buildings. Large paved parking lot and the shop is fenced!!! Attractive street appeal. This place is sure to please!!!! (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
110
Postal Code
T8W6T2
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
15,690
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
N/A
Financial Information
Yearly Rate
$2,000,000
Asking Price
$2,000,000
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.
N/A
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)
15,690
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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