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Exchange Ct 24,606 SF 4-Star Office Building Wolverhampton WV10 6AU $7,328,155 ($297.82/SF) 12.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on the premier business park in Wolverhampton providing excellent connectivity to the UK road network
- OSB acquired the adjacent building on Exchange Court in 2023 showing commitment to the location
- The office and car park leases both expire on the 30th May 2028 providing a WAULT of 2.7 years to expiry
EXECUTIVE SUMMARY
Completed in February 2018. 2 Exchange Court is a three-storey Grade A office building offering a total floor area of 24,606 sq ft, designed around an impressive double-height atrium that enhances natural light and visual impact. The building is finished to a high modern standard
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
24,606 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2018
Price
$7,328,155
Price Per SF
$297.82
Cap Rate
12.06%
NOI
$883,775
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,202 SF
Building FAR
0.17
Lot Size
3.26 AC
Parking
96 Spaces (3.9 Spaces per 1,000 SF Leased)
AMENITIES
- Raised Floor
- Drop Ceiling
- Air Conditioning
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Exchange Ct
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