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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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
Commercial Condominium Property Located On 156 Street with Great Exposure. Main Floor Is 2174 Sq Ft and is Currently Vacant, Ready To Move In. It was formerly Leased to a Cannabis Store. Main Floor has an overhead door in the back. Second Floor is 1100 SF and is currently leased to a Massage Therapy Business , with three years remaining in the lease. The Current Monthly Base Rent is $1950 per month. The Tenants also share their proportainate share in condo fee and property taxes. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
13111 156 St Nw Nw
Postal Code
T5V1V2
Location Highlights
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Listed by
Century 21 Signature Realty 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
3,274
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
$1,200,000
Asking Price
$1,200,000
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)
3,274
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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