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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$561,875
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
Introducing Belvedere Market, the newest retail condo development in the City of Calgary – the perfect opportunity for businesses looking to establish a prime location. Units from 899 to 15,455 sq ft.. Zoned C-C2 located on 17th Avenue SE just a stone's throw from Stoney Trail ring road and neighbouring East Hills Shopping Centre. Uses include Dental, Medical uses, food services & grocery, assortment of retail, Professional Services, and much more! This development features modern, state-of-the-art units, each with large windows and glazing that provide ample natural light and stunning views of the city. Restaurant units facing west with overhead doors to patios and mountain views. Ideal for larger pubs that want a rooftop patio or food hall concepts. Six buildings with units ranging in size from 899 to 15,455 sq ft. Some astute investors will want to purchase entire buildings. The development is conveniently located in a bustling commercial area, with easy access to major transportation routes and a plethora of nearby amenities. Shadow anchored by RioCan’s East Hills Shopping Centre including Walmart, Staples, SportChek, Marshalls, Bed Bath & Beyond, Cineplex Movie Theatres and Costco. With 2,000+ homes in newly developed Belvedere and immediate areas, residential builders include Minto, Crystal Creek Homes, Alliston at Home, DS Homes and Belvedere Rise.The development offers ample parking for all your customers. This is a unique opportunity to own a piece of a prime commercial strip mall in one of the city's most sought-after locations. Don't miss out on the chance to establish your business in this thriving community. Download a brochure and contact your agent today to schedule a tour and learn more about how you can be a part of Belvedere Market. (id:39198)
Location
Province
Alberta
City
Calgary
Address
105 Belvedere Common Se
Postal Code
T2A4x7
Location Highlights
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Listed by
RE/MAX IREALTY INNOVATIONS 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
899
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
$561,875
Asking Price
$561,875
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)
899
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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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.
