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The Studio 5 Newton Terrace Ln 4,108 SF 100% Leased Office Building Glasgow G3 7PB $734,077 ($178.69/SF) 8.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Convenient West End location
- Good transport links nearby
- Includes six private parking spaces
EXECUTIVE SUMMARY
Offers Over £550,000 are invited.
The above reflects a net initial yield of 8.1%.
The property is divided into three separate suites all of which are let although with tenants having sub let part of the space within the building.
The above reflects a net initial yield of 8.1%.
The property is divided into three separate suites all of which are let although with tenants having sub let part of the space within the building.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,108 SF
Building Class
B
Year Built
1880
Price
$734,077
Price Per SF
$178.69
Cap Rate
8.10%
NOI
$59,460
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,027 SF
Building FAR
3.14
Lot Size
0.03 AC
Parking
5 Spaces (1.22 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Storage Space
- Demised WC facilities
- Natural Light
- Open-Plan
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Studio | 5 Newton Terrace Ln
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