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Amazon Queens Rd 91,077 SF 4-Star Industrial Building Belfast BT3 9DT $39,304,703 ($431.55/SF) 6% Cap Rate
Investment Highlights
- Great location
- Comprises a 91,077 sq ft distribution warehouse, & 320,108 sq ft van park
- Easy access to Belfast Port & excellent connectivity to Belfast City Centre
Executive Summary
Offers in excess of £28,830,000 (Twenty Eight Million, Eight Hundred and Thirty Thousand Pounds Sterling) for our clients long leasehold interest, excluding VAT. A purchase at this level would reflect an attractive net initial yield of 6.00% and a capital value of £70 per sq ft assuming purchasers costs of 6.76%.
Property Facts Sale Pending
| Price | $39,304,703 | Building Class | B |
| Price Per SF | $431.55 | Lot Size | 9.50 AC |
| Sale Type | Investment | Rentable Building Area | 91,077 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 2020 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 5.7/1,000 SF |
| Price | $39,304,703 |
| Price Per SF | $431.55 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 9.50 AC |
| Rentable Building Area | 91,077 SF |
| No. Stories | 1 |
| Year Built | 2020 |
| Tenancy | Single |
| Parking Ratio | 5.7/1,000 SF |
Amenities
- Security System
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Amazon | Queens Rd
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