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MacFaralane Gray House 3 Players Rd 5,736 SF 100% Leased Office Building Stirling FK7 7SH $967,647 ($168.70/SF) 11.13% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Site extends to circa 1.15 Acres (0.46 Hectares).
  • On the fringe of Stirling city centre.

EXECUTIVE SUMMARY

The subjects comprise a two-storey detached modern office pavilion, constructed around 2005. The building is of steel frame and brick wall construction, surmounted by a timber pitched roof, clad with concrete tiles. Whilst the building is currently let to a single occupier, it has been designed to allow for horizontal and vertical sub division, creating varying floor areas for as many as four occupiers.
Offers in excess of £725,000.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
5,736 SF
Building Class
B
Year Built
2005
Price
$967,647
Price Per SF
$168.70
Cap Rate
11.13%
NOI
$107,699
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,868 SF

AMENITIES

  • Security System
  • Wheelchair Accessible
  • Reception
  • Natural Light
  • Yard
  • Listing ID: 33269829

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 3 Players Rd, Stirling FK7 7SH

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