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12-12A Market St 1,427 SF 100% Leased Retail Building Faversham ME13 7AA $775,264 CAD ($543.28 CAD/SF) 9.05% Cap Rate
Investment Highlights
- High footfall area
- Amenities nearby
- Good road connections
Executive Summary
Fully let, high yielding mid-terrace retail unit let to Card Factory with flats to the upper floors (Tenancy Schedule - page 3). The property has front and rear access. The spacious retail floor offers flexibility within Class E use.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,427 SF
Building Class
B
Year Built
1921
Price
$775,264 CAD
Price Per SF
$543.28 CAD
Cap Rate
9.05%
NOI
$70,139 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.62
Lot Size
0.05 AC
Frontage
37’ on Market Street
Amenities
- Energy Performance Rating - D
- Storage Space
1 1
Nearby Major Retailers
1 of 5
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12-12A Market St
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