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Wavin Plastics St Johns Rd 174,607 SF Industrial Building Durham DH7 8RJ $10,681,907 ($61.18/SF) 7.50% Cap Rate
Investment Highlights
- Newly Refurbsihed Industrial Unit
- Annual Rent of £603,000
- Let to a Single Occupier - Pragmatic Semiconductor Limited
Executive Summary
This high-specification industrial facility comprises a modern steel portal frame structure, recently recladded to enhance performance and aesthetics.
The building offers a eaves height ranging from 5.6m to 11.6m, accommodating a variety of industrial uses and storage requirements.
Offers in excess of £8,000,000
The building offers a eaves height ranging from 5.6m to 11.6m, accommodating a variety of industrial uses and storage requirements.
Offers in excess of £8,000,000
Property Facts
| Price | $10,681,907 | Rentable Building Area | 174,607 SF |
| Price Per SF | $61.18 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1985 |
| Cap Rate | 7.50% | Tenancy | Single |
| Tenure | Freehold | Parking Ratio | 0.87/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 38’ (11.58 m) |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 22.97 AC |
| Price | $10,681,907 |
| Price Per SF | $61.18 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 22.97 AC |
| Rentable Building Area | 174,607 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 0.87/1,000 SF |
| Clear Ceiling Height | 38’ (11.58 m) |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Fenced Lot
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Lighting
- Water
- Sewer
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Wavin Plastics | St Johns Rd
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