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Service Point Greenbank Cres 5,620 SF Flex Building Aberdeen AB12 3BG $500,507 ($89.05/SF) 5.80% Cap Rate


INVESTMENT HIGHLIGHTS
- Aberdeen is the third largest Scottish city, it is also the main administrative and financial centre for the North East of Scotland
- The property is situated on south side of Greenbank Crescent
- East Tullos Industrial Estate is located approximately 1.5 miles south of Aberdeen city centre and accessed from Wellington Road (A956), part of the c
EXECUTIVE SUMMARY
The property comprises an investment opportunity for sale.
The asking price is £375,000, representing a gross initial yield of 5.8%.
PROPERTY FACTS
| Price | $500,507 | Building Class | C |
| Price Per SF | $89.05 | Lot Size | 0.69 AC |
| Sale Type | Investment | Rentable Building Area | 5,620 SF |
| Cap Rate | 5.80% | No. Stories | 1 |
| Tenure | Freehold/Long Leasehold | Year Built | 1988 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 1 |
| Price | $500,507 |
| Price Per SF | $89.05 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.69 AC |
| Rentable Building Area | 5,620 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
AMENITIES
- Automatic Blinds
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The main office provision has carpet tiled floor, plasterboard walls, suspended ceilings with Cat 2 lighting and cooling/heating wall mounted cassettes. The space is predominantly open plan however there are meeting rooms/break-out rooms that allow for cellular working. The accommodation also benefits from a tea prep area and w/c facilities. The workshop has a concrete floor, high bay lighting, 3- phase power supply and an electric roller shutter door (approx. 3.85m in width and 3.90m in height).
| Space | Size | Space Use | Condition | Available |
| Ground | 6,240 SF | Industrial | Full Build-Out | Now |
Ground
| Size |
| 6,240 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
Ground
| Size | 6,240 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
The main office provision has carpet tiled floor, plasterboard walls, suspended ceilings with Cat 2 lighting and cooling/heating wall mounted cassettes. The space is predominantly open plan however there are meeting rooms/break-out rooms that allow for cellular working. The accommodation also benefits from a tea prep area and w/c facilities. The workshop has a concrete floor, high bay lighting, 3- phase power supply and an electric roller shutter door (approx. 3.85m in width and 3.90m in height).
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Service Point | Greenbank Cres
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