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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$949,000
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
This description is advertising a brand new ground - floor retail/office space located in the Township Commons area of Langley, which is a prime location with great street exposure. It features a large storefront with street-front parking and entry, along with 15 ft ceilings and HVAC (Heating, Ventilation and Air Conditioning) installed. The space is in new shell condition, providing a blank canvas to customize according to their needs and ideas. The location is the hub of Willoughby, situated right across from Costco, and just minutes away from other major retailers such as Walmart, Home Depot, London Drugs, Save-On-Foods and more. The area is characterized by a very high population density, indicating a potentially large customer base and good foot traffic. (id:39198)
Location
Province
British Columbia
City
Langley
Address
B140 20487 65 Avenue
Postal Code
V2Y3K5
Location Highlights
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Listed by
Century 21 Coastal Realty Ltd. British Columbia 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
0
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
$949,000
Asking Price
$949,000
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)
0
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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