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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$598,800
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
Investor alert! Great Investment Opportunity in The Crystal Mall at Metrotown! Prime Location: Main floor, a rare ultra-wide unit, with a renovated 23 feet wide glass wall to maximize advertising display and visibility. Located next to loading zone, offers convenience for business dropping or picking up goods. Versatile Space, no wasted area: Ideal for both retail and offices such as consulting services and express delivery business. In addition, the proximity to a highly popular Barber Shop and restaurant ensures a consistent flow of foot traffic, providing you with a built-in customer base. Relative low carrying cost, offers a steady cash flow with a cap rate 4-5%. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
1621 4500 Kingsway
Postal Code
V5H2A9
Location Highlights
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Listed by
RE/MAX City Realty British Columbia 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
247
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
$598,800
Asking Price
$598,800
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)
247
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
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