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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$11,800,000
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
Must See! Approx. 35,079 sqft corner lot with stable Shell gas station tenant in Surrey Semiahmoo area. Located on the block of 20Ave, between 152 St and 151A St. Walking distance to Semiahmoo shopping center, South Surrey Athletic Park, Semiahmoo Secondary School etc., with minutes drive to Peace Arch Hospital, Ruth Johnson Park and White Rock. Under Semiahmoo Town Center OCP with 2.25 FAR for low rise mixed use, working on pre-application for 6 storeys and total 75 units. NNN tenant, lease until Feb 29, 2028. A rare opportunity for people who is looking for income property with future development potential. Don't hesitate, contact now for more information. (id:39198)
Location
Province
British Columbia
City
Surrey
Address
2025 152 Street
Postal Code
V4A4N7
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
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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
$11,800,000
Asking Price
$11,800,000
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)
0
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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