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Miller St 26,750 SF Industrial Building Aberdeen AB11 5HW $5,249,100 ($196.23/SF) 6.74% Cap Rate
Investment Highlights
- Extensive yard
- Passing rent of £283,450 per annum
- EPC - A
- Net initial yield of 6.74%
Executive Summary
The property comprises a detached, steel portal framed industrial unit, refurbished and fitted out in 2019. Internally, the property is divided to provide a front section comprising a retail showroom with a trade counter/office and a substantial warehouse to the rear. At first-floor level there is additional office accommodation.
Passing rent of £283,450 per annum
Passing rent of £283,450 per annum
Property Facts
| Price | $5,249,100 | Lot Size | 2.24 AC |
| Price Per SF | $196.23 | Rentable Building Area | 26,750 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.74% | Year Built | 1994 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.42/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Building Class | B |
| Price | $5,249,100 |
| Price Per SF | $196.23 |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.24 AC |
| Rentable Building Area | 26,750 SF |
| No. Stories | 2 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 0.42/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Courtyard
- Fenced Lot
- Security System
- Wheelchair Accessible
- Yard
- Automatic Blinds
- Demised WC facilities
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
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Miller St
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