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Retail Property For Sale at #9 -9425 LESLIE ST in Richmond Hill, Ontario

New
4 Sale ID #229367
Updated 29 Apr 2024

Asking Price

$495,000

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

***Bright & Spacious Unit In A Well-Known Indoor Mall ""The Richlane Mall""***A Prime Location In Richmond Hill Right Next To Prestigious ""Bayview Hill"" Community & ""Headford Business Park""***Minus Drive To Hwy 404 & Hwy 407***This Unit Has A Wider Frontage & A Back Door Access For Easy Delivery***Finished Basement Consist Of 2 Washrooms & Direct Access To Underground Parking***This Mall Features Different Types Of Restaurants, Medical Clinic, Pharmacy, Cafe & Hair Stylist***Lots Of Outdoor And Underground Parkings***Suitable For All Types of Retails & Services Use*** **** EXTRAS **** ***Unit Is Tenanted Till June 30, 2024*** (id:39198)

  • MLS® : #N8262196
  • Date Listed : 23 Apr 2024

Location

Province

Ontario

City

Richmond Hill

Address

#9 -9425 Leslie St

Postal Code

L4B3N7

Location Highlights

N/A

Listed by

CENTURY 21 PERCY FULTON LTD. Ontario 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

1,013

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

$495,000

Asking Price

$495,000

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)

1,013

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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