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111-113 Albert St 1,042 SF Retail Building Dundee DD4 6PR $119,915 ($115.08/SF) 10.91% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Let to Bestway National Chemists Limited
  • Four storey tenemen building
  • Established pharmacy premises within commercial location

EXECUTIVE SUMMARY

Client is inviting offers in the region of £90,000 for their heritable interest. A purchase at this level would represent a net initial yield of 10.91%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,042 SF
Building Class
B
Year Built
1990
Price
$119,915
Price Per SF
$115.08
Cap Rate
10.91%
NOI
$13,083
Tenancy
Single
Building Height
5 Stories
Building FAR
1.82
Lot Size
0.01 AC
Frontage
32’ on Albert Street

AMENITIES

  • Security System
  • Automatic Blinds

NEARBY MAJOR RETAILERS

Lidl
DW Fitness Club
JD Gyms
Caffè Nero
Bakers + Baristas
Farmfoods
Iceland
Co-op
SPAR
Nisa
  • Listing ID: 35020686

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: 111-113 Albert St, Dundee DD4 6PR

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