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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$850,000
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
Opportunity to purchase two adjacent commercial strata units totalling 2,055 SQFT. in the North Shore business corridor. Unit 1 (1,126 SQFT) offers five offices, kitchenette and upgrades. Unit 2 (929 SQFT) has four offices and reception desk. Each air-conditioned units provide 2 secured parking stalls (for a total of 4) and south-facing ground-floor exposure. The combined layout features reception, eight offices, open workspace and kitchenette. Separate men's and women's washrooms are in the common area, and the suite has wheelchair access and an alarm. Steps from Capilano Mall on Marine Drive, the location is close to amenities. Marine Drive is a key commercial corridor , and Capilano Mall, a 400,000 SQFT regional centre, is nearby. Quick access to Capilano Road, Lions Gate Bridge and Highway 1 links to downtown Vancouver, making this space ideal for professionals seeking visibility and access. Dedicated Secured Parking Stalls: UNIT I:#2 & #3. Unit II: #10 & #11. Plan: https://tinyurl.com/4sj6v352 (id:39198)
Location
Province
British Columbia
City
North Vancouver
Address
Lloyd
Postal Code
V7P2N6
Location Highlights
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Listed by
Nu Stream Realty Inc. 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
1,126
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
$850,000
Asking Price
$850,000
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)
1,126
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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