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37-39 Colquhoun Av 33,407 SF 100% Leased Industrial Building Glasgow G52 4BN $3,910,523 CAD ($117.06 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Offers are sought in excess of £2,100,000 (Two Million, One Hundred Thousand Pounds Sterling) exclusive of VAT for the benefit of our client’s heritable interest. A purchase at this level would reflect an attractive Net Initial Yield of 7% after allowing for purchaser’s costs of 6.25% equating to a very low capital value of £63 psf.
PROPERTY FACTS
| Price | $3,910,523 CAD | Property Subtype | Warehouse |
| Price Per SF | $117.06 CAD | Building Class | C |
| Sale Type | Investment | Rentable Building Area | 33,407 SF |
| Cap Rate | 7% | No. Stories | 2 |
| Tenure | Freehold | Year Built | 1965 |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 7 |
| Price | $3,910,523 CAD |
| Price Per SF | $117.06 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 33,407 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| No. Drive In / Grade-Level Doors | 7 |
AMENITIES
- Fenced Lot
- Automatic Blinds
- Storage Space
UTILITIES
- Water
- Sewer
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37-39 Colquhoun Av
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