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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$522,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to Parsons Square! Coming Q1/2024 Brand New, High Exposure Retail/Professional/Health/Office Commercial Condo Units for Sale or Lease. 5 Freestanding Single Level Buildings with Multiple Bay Sizes.. BLDGS 1,2,3,4 AVAILABLE FOR SALE OR LEASE. BLDG 5 LEASE ONLYPurchase Prices Starting @ $450.00PSF-$500.00PSF Base Lease Rates Starting @ $30.00 PSF (Bldg 1) Direct Exposure to Parsons Road, Great Access to Ellerslie Road, South Edmonton Common, Anthony Henday! Ample Parking, Excellent Bldg + Pylon Sign Exposure. Busy Hub for Your Business. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
321 Parsons Rd Sw
Postal Code
T6X0W6
Location Highlights
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Listed by
MaxWell Polaris Alberta listing
Category
Property Information
Premise Status
LEASED Premises
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
1,160
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$522,000
Asking Price
$522,000
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.
N/A
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)
1,160
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
