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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,600,000
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
** Please click the brochure link for more details** Rare opportunity to purchase a main floor and basement retail building along trendy Whyte Avenue (82 Avenue). Included in this listing is , 8102 & 8110 104 STREET NW, there’s pricing for both the building ($4.1m) and the land ($2.5m) as they could be sold separately. Comprised of +/- 24,712 SF, this iconic building was once considered Canada’s original discount department store and known in the community as a building that established the retail business district in the area. Additional opportunity to purchase income generating parking lots on 104 Street ( Calgary Trail). These sites a recurrently incurring revenue as parking income and can continue to do so once purchased or could be developed in conjunction to DC1 (20476) zoning regulations.• Unique opportunity to purchase a high exposure building on Whyte Avenue, and an income generating parking lot along 104 Street. • +/-24,712 SF retail building (main floor & basement) along Whyte Avenue on a +/-14,574 SF site. • +/-13,830 SF income generating parking lot located on 104 Street (Calgary Trail). • Option to purchase the building and parking lots together or separately. • +/-28,404 SF site total. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
10411 82 Avenue Nw
Postal Code
T6E2A1
Location Highlights
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Listed by
Honestdoor Inc. Alberta 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
28,404
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
$6,600,000
Asking Price
$6,600,000
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)
28,404
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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