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Retail Property For Sale at 385 Broadway STREET E in Yorkton, Saskatchewan

4 Sale ID #137225
Updated 02 May 2024

Asking Price

$7,327,500

Cap Rate help 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

This expansive commercial property offers a strategic location, ample space, and a thriving local economy, making it an ideal prospect for businesses and entrepreneurs seeking to establish a strong presence in this vibrant community. Prime Location: Situated in a high-traffic area, Linden Square Mall enjoys exceptional visibility and accessibility. Positioned along a major thoroughfare, the property benefits from excellent exposure to both pedestrian and vehicular traffic, ensuring maximum visibility and exposure for businesses within. Ample Space: Sprawling over an impressive 40,000 square feet, Linden Square Mall provides abundant space to accommodate a diverse range of businesses, from retail outlets and restaurants to professional offices and service providers. With a flexible floor plan and customizable spaces, the mall can cater to various business needs, whether you're looking to establish a flagship store or a boutique shop. Established Tenant Mix: Boasting a diverse tenant mix, Linden Square Mall has already attracted reputable businesses and national retailers. This established presence not only creates a bustling atmosphere but also provides a built-in customer base for new businesses to tap into. The mall's reputation as a go-to shopping destination ensures a steady flow of foot traffic and increased potential for success. (id:39198)

  • MLS® : #SK930683
  • Date Listed : 30 May 2023

Location

Province

Saskatchewan

City

Yorkton

Address

385 Broadway Street E

Postal Code

S3N3Z3

Location Highlights

N/A

Listed by

RE/MAX Bridge City Realty Saskatchewan listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

40,827

Year Built

N/A

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$7,327,500

Asking Price

$7,327,500

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

40,827

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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