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Sperry Way 6,450 SF 100% Leased Office Building Stonehouse GL10 3UT $1,632,180 ($253.05/SF) 8.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Modern two storey semi detached property
- High quality office space
- Developed in 2006
EXECUTIVE SUMMARY
Seeking offers in the region of £1,225,000 (One Million, Two Hundred and Twenty-Five Thousand Pounds) - Subject to Contract.
A purchase at this level would reflect a net initial yield of 8.95% assuming standard purchaser’s costs of 5.94%
A purchase at this level would reflect a net initial yield of 8.95% assuming standard purchaser’s costs of 5.94%
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Office/Residential
Building Size
6,450 SF
Building Class
B
Year Built
2010
Price
$1,632,180
Price Per SF
$253.05
Cap Rate
8.95%
NOI
$146,080
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,225 SF
Building FAR
0.09
Lot Size
1.58 AC
Parking
16 Spaces (2.48 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
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Sperry Way
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