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The Arts Complex 144-152 Above Bar St 26,453 SF 100% Leased Retail Building Southampton SO14 7DU $6,780,265 ($256.31/SF) 9.17% Cap Rate



Executive Summary
The long leasehold of this retail/ leisure investment opportunity is available for the guid price of £4.95 million, providing a yield of 9.17%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
26,453 SF
Building Class
C
Year Built
2015
Price
$6,780,265
Price Per SF
$256.31
Cap Rate
9.17%
NOI
$621,750
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.49
Lot Size
1.23 AC
Parking
52 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
135’ on Above Bar Street
Amenities
- Bus Line
- Freeway Visibility
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
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Nearby Major Retailers
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Photos
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The Arts Complex | 144-152 Above Bar St
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