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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,999,000
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
Rarely offered, Fully tenanted at time of listing. National Brand Tenants include Burger King, Pet Valu and Dollarama in this 20,576 sq .ft. Retail Plaza on 1.733 Acres. Located on a main arterial roadway, Arthur Street, at the signalized intersection of Edward Street. Just 5 Blocks from the Thunder Bay International Airport. Shadow anchored by Safeway (Grocer), Bank of Montreal, McDonalds, Boston Pizza etc. etc. in this strong Retail Node. **** EXTRAS **** Well maintained and excellent tenants, should be a trouble-free investment for years to come. (id:39198)
Location
Province
Ontario
City
Neebing
Address
2826-28 Arthur St W
Postal Code
P7E5P4
Location Highlights
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Listed by
COLDWELL BANKER - R.M.R. REAL ESTATE Ontario 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
20,576
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
$3,999,000
Asking Price
$3,999,000
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)
20,576
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
N/A
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