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Strip Malls For Sale at 1020 8 AV in Cold Lake, Alberta

updated
4 Sale ID #86861
Updated 28 Apr 2024

Asking Price

$1,235,000

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

Great investment opportunity with this fully leased 10,000 sq/ft commercial building located on 12 Street and highway 28 with excellent visibility and high traffic location. This newly renovated building has seen the roof replaced, new siding and HVAC's. This multi (5 tenants in total) tenant commercial stripe mall is fully leased with a great return. (id:39198)

  • MLS® : #E4301420
  • Date Listed : 24 Jun 2022

Location

Province

Alberta

City

Cold Lake

Address

1020 8 Av

Postal Code

T9M1N8

Location Highlights

N/A

Listed by

Coldwell Banker Lifestyle Alberta listing

Category

retail-properties strip-malls

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

10,010

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

$1,235,000

Asking Price

$1,235,000

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)

10,010

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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