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188A Chester Rd 1,479 SF 100% Leased Retail Building Streetly B74 2HE $574,387 CAD ($388.36 CAD/SF) 7.31% Cap Rate
Investment Highlights
- Prominant location within popular retail parade
- Forecourt Parking
- Rare fully let investment opportunity
- Neighbouring occupiers incl. Tesco Express
Executive Summary
A mixed use investment fully let to three tenants; Coral Bookmakers and Breakfast Express both of whom occupy ground floor shops together with Streetly Balti who occupy the first floor via a ground floor entrance. The property benefits from shared forecourt parking is approached off Chester Road.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,479 SF
Building Class
B
Year Built
1920
Price
$574,387 CAD
Price Per SF
$388.36 CAD
Cap Rate
7.31%
NOI
$41,967 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.20 AC
Frontage
29’ on Chester Road
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 6
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188A Chester Rd
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