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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
Attractive retail property! It includes 2 condo units (1277 square feet) which are Mixed-Use Street level retail/commercial units on high density Location. Prime location, steps to shopping center, LRT station, school, and bus route. Bicycle path lane is just in front. It has bright and large open reception/admin area, 3 private offices, one fully renovated boardroom, a kitchenette, bathroom, and large storage space PLUS 2 assigned parking lots with lots of free street parking cross street. Currently, the income is very stable and tenant is very nice and well-known spa and wellness center. It is also an excellent location and layout for office, retail, clinic, studio, training center and other businesses. Good to buy and good to invest!!!! (id:39198)
Location
Province
Alberta
City
Calgary
Address
1330 1332 12 Avenue Sw
Postal Code
T3C0P5
Location Highlights
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Listed by
Century 21 Bamber Realty LTD. 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
1,277
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
$650,000
Asking Price
$650,000
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)
1,277
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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