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Turners Ln 4,259 SF 100% Leased Retail Building Brierley Hill DY5 2PG $936,894 ($219.98/SF) 6.38% Cap Rate
INVESTMENT HIGHLIGHTS
- Established residential housing estate
- Excellent road communications
- Close to Brierley Hill Town Centre
EXECUTIVE SUMMARY
The property comprises a 2 storey building of brick construction with pitched tiled roof plus extension with flat roof. The property has tarmacadamed forecourt parking with additional loading bay yard area to the rear via side drive access.
The property is to be sold freehold subject to the existing tenancies.
The property is to be sold freehold subject to the existing tenancies.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,259 SF
Building Class
C
Year Built
1980
Price
$936,894
Price Per SF
$219.98
Cap Rate
6.38%
NOI
$59,774
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.33 AC
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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Turners Ln
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