Log In/Sign Up
Your email has been sent.
Melrose House Pynes Hl 6,480 SF Office Building Exeter EX2 5AZ $1,701,724 ($262.61/SF) 8.88% Cap Rate
INVESTMENT HIGHLIGHTS
- Detached office building on secure site with 33-space car park
- New 10-year lease to Streets Bush Ltd, well-established accountancy firm
- Centrally situated on established and prestigious office campus
EXECUTIVE SUMMARY
The freehold is available at a price of £1,275,000 plus VAT equating to a net initial yield (following end of rent-free period) of 8.88% after normal purchaser’s costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,480 SF
Building Class
B
Year Built
1998
Price
$1,701,724
Price Per SF
$262.61
Cap Rate
8.88%
NOI
$151,113
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,240 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
0.48 AC
Parking
33 Spaces (5.09 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Melrose House | Pynes Hl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.