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Retail Property For Sale at #104 160 Broadway Blvd in Sherwood Park, Alberta

4 Sale ID #102000
Updated 02 May 2024

Asking Price

$799,000

Cap Rate help 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.

N/A

Lot Size

N/A

Building Size

N/A

Premise Summary

3,027 sq.ft. of high end retail space built out over two floors 10x12 grade overhead door Centrally located in Sherwood Park directly off of Baseline Road and Broadmoor Blvd Ideal for retail or professional office users Current tenants within building include an accounting firm, psychologist, investment group and a restaurant (id:39198)

  • MLS® : #E4309805
  • Date Listed : 18 Aug 2022

Location

Province

Alberta

City

Sherwood Park

Address

#104 160 Broadway Blvd

Postal Code

T8H2A3

Location Highlights

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Listed by

NAI Commercial Real Estate Inc Alberta listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

3,027

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$799,000

Asking Price

$799,000

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

3,027

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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