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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,988,000
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
Largest 1185 sf. retail space on the 2nd floor in Aberdeen Square. Luxuriously renovated with 3 combined strata units, this Chinese Herb Store features ample shelves, 2 offices, water sink, counters. Easily convertible to 3 separate units for personalized usage. Located in the center of mall, with open usage per strata bylaws, suitable for all retail/office purposes without restrictions. Connected to Aberdeen Skytrain Station, providing easy access to Downtown Vancouver, Vancouver International Airport, Aberdeen Centre, and ample parking. Includes 3 designated parking passes. Don't miss this opportunity to be your own boss and design your own store! (id:39198)
Location
Province
British Columbia
City
Richmond
Address
2135 4000 No 3 Road
Postal Code
V6X0J8
Location Highlights
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Listed by
Sotheby's International Realty Canada 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
1,185
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
$1,988,000
Asking Price
$1,988,000
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)
1,185
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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