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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$12,900,000
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
Being sold Under Power of Sale. Gorgeous 4 Storey Professional Office building in heart of City of Markham situated on a 2.09 acre site. Two public elevators. Transit at door. Across from Markham Civic Centre, Theatre, Community park/sports court. Close proximity to several major arterial roadways and highways: Hwys 7, 404 and 407 (toll), Warden Ave. Commercial office/retail ground floor and 3 levels above of professional office use. All measurements and listing information to be verified by all buyer. Listing Agent/Representative to be present for all showings. 24 hour notice may be required for tenanted units. Do not go direct, do not disturb tenants. (id:39198)
Location
Province
Ontario
City
Markham
Address
Town Centre
Postal Code
L3R8G5
Location Highlights
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Listed by
CENTURY 21 LEADING EDGE REALTY INC. Ontario 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
56,955
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
$12,900,000
Asking Price
$12,900,000
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)
56,955
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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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.
