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BrokerStudio
Suite of tools & services
Benefits
Sq. Ft. Rate
$30
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Commercial Retail Unit For Lease In Prime Location. Excellent Street Traffic Exposure. A Commercial & Residential Building Has 7 Levels, Retail Units On Ground Level Plus 6 Levels Consist Of 60 Residential Condo Units From The 2nd To 7th Floor. Complete In Nov 2023 Tentatively. Suitable For Retail, Restaurant, And Professional Office Usage. **** EXTRAS **** Ground Level Unit, Main Entrance Facing Street, 2563 Square Feet Area, Base Net Rent $30/Sqft, Plus $18 Per Sqft For Tax, Maintenance & Insurance (Tmi) Subject To Change With Notice. Unit To Provide In Builder's Shell Condition. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
##b-121 -387 King St E
Postal Code
N2G3L2
Location Highlights
N/A
Listed by
RE/MAX PREMIER INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
2,563
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
Sq. Ft. Rate
$30
Asking Price
$30
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,563
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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