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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,658,000
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
Rarely Available, Large Office Space with mortgage helper or future expanding possibilities. This space is divided into 2 units (still assessable thru a connecting door) in one Strata Lot. Impressive First suite at the top of the stair case w/Large Glass Exposure (elevator available immediately across the open foyer) Unit #203 is the largest set up w/a nice reception/waiting area, formal meeting room, 2 private offices, larger open work area for 3 desks, & staff room w/small kitchen. Perfect for an owner occupier while Unit #206 can easily rent for $2,500+ a month as smaller suites are always in demand. This unit offers a reception and waiting area, 3 offices and a storage room or make the front large office a meeting/board room. Grow into the second suite later! 3 Underground parking included with the Strata Lot & Loads of Visitor Parking. Now Vacant & Ready for Occupancy ASAP! (id:39198)
Location
Province
British Columbia
City
Coquitlam
Address
Westwood
Postal Code
V3B7K8
Location Highlights
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Listed by
RE/MAX All Points Realty 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
1,893
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
$1,658,000
Asking Price
$1,658,000
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)
1,893
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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