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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$140,000
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
Remarkable opportunity to acquire a unit within the renowned Westwood Square Mall. The unit boasts versatility and can accommodate a variety of commercial purposes including retail, office space, spas, dental practices, consulting firms, travel agencies and more. The mall's location in a high-traffic area, surrounded by retail establishments, and offices, make it an attractive investment opportunity. While the unit is presently occupied, it can be made available upon closing, The unit is situated on the 2nd floor, conveniently located across the escalator and in proximity to the food court. Currently the unit is leased on a month-to-month basis for a monthly rent of $800 (HST Included) but the lease can be negotiated or it can be provided with vacant possession. Whether you're a first time buyer, user, or investor, this is an ideal opportunity to capitalize on. (id:39198)
Location
Province
Ontario
City
Mississauga
Address
#2d04 -7215 Goreway Dr
Postal Code
L4T2T9
Location Highlights
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Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD. 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
256
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
$140,000
Asking Price
$140,000
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)
256
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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