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8 Commerce Rd 4,976 SF 100% Leased Office Building Peterborough PE2 6LR $1,125,485 ($226.18/SF) 7.65% Cap Rate
Executive Summary
Detached purpose built modern two storey office building in a prime Lynch Wood business park location. Air conditioned, raised access floors, suspended ceilings, WC's, kitchens, glazed meeting rooms and 18 allocated parking spaces. Fully let and producing £65,000 per annum until lease expiry in September 2029.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,976 SF
Building Class
B
Year Built
1992
Price
$1,125,485
Price Per SF
$226.18
Cap Rate
7.65%
NOI
$86,066
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,488 SF
Slab To Slab
9’
Parking
18 Spaces (3.62 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Accent Lighting
- Energy Performance Rating - D
- Common Parts WC Facilities
- Open-Plan
- Drop Ceiling
- Air Conditioning
- Raised Floor System
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8 Commerce Rd
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