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Jewson Silverton 23,702 SF Industrial Building Exeter EX2 8NB $4,761,023 ($200.87/SF) 6% Cap Rate
Investment Highlights
- Located 3 miles south of Exeter city centre within the established Marsh Barton commercial hub.
- Freehold 1.90 acre site with low building cover of 28% and secure yard.
- Offers immediate access to the A379 via Bad Homburg Way, with fast connections to the A30, A38, and wider motorway network
Executive Summary
We are instructed to seek offers in excess of £3,570,000 (THREE MILLION FIVE HUNDRED AND SEVENTY THOUSAND POUNDS) subject to contract and exclusive of VAT.
— An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
— An acquisition at this level would reflect an attractive NET INITIAL YIELD OF 6.00%, assuming standard purchaser’s costs.
Property Facts
| Price | $4,761,023 | Building Class | C |
| Price Per SF | $200.87 | Lot Size | 1.90 AC |
| Sale Type | Investment | Rentable Building Area | 23,702 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Price | $4,761,023 |
| Price Per SF | $200.87 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.90 AC |
| Rentable Building Area | 23,702 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- 24 Hour Access
Utilities
- Lighting
- Water - City
- Sewer - City
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Jewson | Silverton
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