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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,900
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
Own A Rare Large Corner Unit On The Main Level Beside An Anchor Bank Tenant, Pacific Mall Is The Largest Indoor Asian Shopping Mall In North America And Has Been Reported As The Largest Asian Shopping Mall In The Western World! Prime Location In The ""B"" Section! This Mall Is A Tourist Attraction That Is Allowed To Be Open 365 Days Of The Year Including Holidays! **** EXTRAS **** Do Not Go Direct And Disturb The Existing Tenant. Great Investment Or For Personal Use. This Is A Large ""3 Unit"" Combined Into One. Great Location! (id:39198)
Location
Province
Ontario
City
Markham
Address
#b7 -4300 Steeles Ave E
Postal Code
L3R0Y5
Location Highlights
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Listed by
RE/MAX EXCEL REALTY LTD. Ontario 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
435
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
$849,900
Asking Price
$849,900
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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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)
435
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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