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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,198,000
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
A rare opportunity to purchase high-quality space in a high-traffic and transit-oriented area of Langley. This property is located just steps away from the proposed Willowbrook station near 196th Street and Fraser Hwy. This space will be sold with holding income to unit 111B, while unit 111A could potentially be leased back by the seller. Unit 110 will be sold with vacant possession, providing an opportunity for owner occupancy with holding income, or for a buyer to hold for investment purposes. The buildouts of each space includes high-quality office finishings, while unit 110 also has rear storage with a grade loading door to accommodate the storage needs of a wide variety of service-oriented businesses. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
196
Postal Code
V3S7X4
Location Highlights
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Listed by
Royal LePage - Wolstencroft British Columbia 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
0
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
$3,198,000
Asking Price
$3,198,000
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)
0
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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