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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$748,400
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to GLENRIDDING LANDING (SW), BRAND NEW Prime Retail Unit Final Unit for SALE or LEASE IN BLDG A. Purchase Rate at $425 PSF. NOW LEASING PHASE 2 BUILDING B. MAIN FLOOR BASE LEASE RATE $40.00 PSF PLUS CAC CHARGES. POSSESSION BLDG B 2025 Come Join 7-ELEVEN W/Gas Bar, Pizza,Salon,Dentist,Liquor,Ethnic Restaurant, & more.Located in the Heart of Glenridding Heights SW, with FANTASTIC EXPOSURE directly fronting Rabbit Hill Road, just South of Ellerslie Road. Quick Access to 170 Street & Anthony Henday Drive. NOW PRELEASING BLDG B. APPROX 8000 SQ FEET. Multiple Bay Sizes available starting at 1,200 sq.ft.+-, BASE LEASE RATES STARTING AT $37.00PSF Perfect for Retail, Office, Restaurants & Professional. EXCELLENT SIGNAGE Opportunities, Ample Parking, FANTASTIC GROWTH! Come Join Our Community. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
16204 21 Av Sw Sw
Postal Code
T6W4V5
Location Highlights
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Listed by
MaxWell Polaris Alberta listing
Category
Property Information
Premise Status
LEASED Premises
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
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Building Size
1,200
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$748,400
Asking Price
$748,400
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.
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,200
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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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.
