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140-150 South St 2,049 SF 100% Leased Retail Building Perth PH2 8PA $651,754 CAD ($318.08 CAD/SF) 13.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Perth is located at the base of the River Tay in the heart of Scotland with the A9 and A90/M90
  • The subjects are prominently located within the centre of Perth on busy South Street
  • Easy access to Dundee, Edinburgh, Glasgow and the south beyond

EXECUTIVE SUMMARY

Excellent investment opportunity located within central Perth. Price represents a net initial yield of 13.25 %.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,049 SF
Building Class
B
Year Built
1898
Price
$651,754 CAD
Price Per SF
$318.08 CAD
Cap Rate
13.25%
NOI
$86,357 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.05 AC
Frontage
56’ on South Street

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

YMCA
Bakers + Baristas
Costa Coffee
Starbucks
Sainsbury's
Virgin Money
Santander
énergie Fitness
Co-op
Caffè Nero
  • Listing ID: 24953206

  • Date on Market: 2022-02-01

  • Last Updated:

  • Address: 140-150 South St, Perth PH2 8PA

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