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Retail Property For Sale at 8305 Chappelle WY SW in Edmonton, Alberta

4 Sale ID #38053
Updated 28 Apr 2024

Asking Price

$371,460

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

Welcome to CHAPPELLE ELITE CENTRE - NOW JOINING ! ESS0 GAS W/CONVENIENCE STORE. Buildings A (Main Floor 100% Leased). Final Main Floor Unit in BLDG B Unit 103/1062 sf Available. BUILDING Fpossession Ready. Exclusively positioned on 41 Ave & Chappelle Way SW (Heritage Valley). 5 Acre site. CB2 Zoning. Quick access To Anthony Henday, QE2 & Whitemud Freeway. Perfect for Retail / Office / Medical / Professional. Close to Don Getty K-9 School. Fantastic Growing Community. Boasting over 9,000 NEW Homes in the Area. 23.8% Population Growth (2015-2020), Average Household Income=$125,000. COME JOIN OUR LIQUOR STORE, DENTIST, PHYSIO, MEDI, PHARMACY, INSURANCE, DAYCARE, PIZZA, & CHINESE RESTAURANT. NOW ALSO WELCOMING OUR DANCE STUDIO MOVING FAST! COME JOIN US! (id:39198)

  • MLS® : #E4210494
  • Date Listed : 17 Aug 2020

Location

Province

Alberta

City

Edmonton

Address

8305 Chappelle Wy Sw

Postal Code

T6W3Y8

Location Highlights

N/A

Listed by

MaxWell Polaris Alberta listing

Category

retail-properties

Property Information

Premise Status

LEASED Premises

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

906

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

$371,460

Asking Price

$371,460

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)

906

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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