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Retail Property For Rent at 250 Memorial Drive in Clarenville, Newfoundland & Labrador

4 Sale ID #221152
Updated 20 Jun 2024

Sq. Ft. Rate

$10

Lease Rate

N/A

Space Size

N/A

Year Built

N/A

Premise Summary

This retail frontage is located in the heart of Clarenville. The property is approximately 2290 square feet. The frontage is suitable for various retail businesses, such as clothing stores, gift shops, and more. There is plenty of foot traffic as adjacent businesses include Shoppers Drug Mart, Consumers Co-op Grocery Store, No Frills (Loblaws), CIBC and Canada Post. The property is available for sale or for lease. Operating expenses are estimated at $2.50 psf for 2023, which include property taxes, insurance, and shopping centre association fees, snow clearing, etc. (id:39198)

  • MLS® : #1269290
  • Date Listed : 02 Apr 2024

Location

Province

Newfoundland & Labrador

City

Clarenville

Address

250 Memorial Drive

Postal Code

A5A0E4

Location Highlights

N/A

Listed by

ROYAL LEPAGE TEAM REALTY Newfoundland & Labrador listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Space Size

N/A

Available Space

N/A

Building Size

0

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

Sq. Ft. Rate

$10

Asking Price

$10

Rate/yr

N/A

Floor of Lease

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)

0

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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