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41 Birmingham Rd 52,861 SF Retail Building Wolverhampton WV2 3LQ $4,015,258 ($75.96/SF) 7.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Sort after motor retail location
- Property fronting the A4123 Birmingham Road
- Well established multi-let dealership
EXECUTIVE SUMMARY
Nissan Dealership & Ford Workshops totaling 52,861 sq. ft. on a 2.42 acres.
Large first floor office space sold with vacant possession, with scope to increase income with tenant expansion.
Large first floor office space sold with vacant possession, with scope to increase income with tenant expansion.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
52,861 SF
Building Class
B
Year Built
1984
Price
$4,015,258
Price Per SF
$75.96
Cap Rate
7.31%
NOI
$293,515
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
4.96 AC
Parking
184 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
300’ on Howard Street
AMENITIES
- 24 Hour Access
- Corner Lot
- Security System
- Signage
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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41 Birmingham Rd
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