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Crompton Close 13,000 SF 100% Leased Retail Building Basildon SS14 3BA $5,045,768 ($388.14/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in the South East in the affluent commuter town of Basildon, 26 miles east of Central London.
- Let in its entirety to Magnet Limited on a 10-year lease expiring 18th June 2033.
- Basildon has a large consumer base with over 600,000 people within 20 minutes drive of the subject property.
EXECUTIVE SUMMARY
Modern retail warehouse unit available to sale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
B
Year Built
2024
Price
$5,045,768
Price Per SF
$388.14
Cap Rate
6.75%
NOI
$340,589
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.05
Lot Size
6.06 AC
Parking
107 Spaces (8.23 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
1 of 5
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Crompton Close
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