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52 Main St 3,675 SF Retail Building Doune FK16 6BW $1,564,209 CAD ($425.64 CAD/SF) 7.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent convenience food store investment
- Newly built in 2017 for Co-operative Food
- Situated in the picturesque village of Doune in Stirlingshire
EXECUTIVE SUMMARY
Instructed to seek offers over £840,000 exclusive of VAT for our client’s heritable interest subject to and with the benefit of the existing lease. A purchase at this level would show an attractive net initial yield of 7.20% allowing for purchasers costs of 5.56%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,675 SF
Year Built
2017
Price
$1,564,209 CAD
Price Per SF
$425.64 CAD
Cap Rate
7.20%
NOI
$112,567 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.09 AC
Frontage
53’ on Main Street
AMENITIES
- 24 Hour Access
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52 Main St
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