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Next Group plc Arisdale Ave 169,147 SF Industrial Building South Ockendon RM15 5SJ $59,517,196 CAD ($351.87 CAD/SF) 5.42% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Location
- Parking Available
- Great Transport Links
EXECUTIVE SUMMARY
Seeking offers in excess of £32,000,000 subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 5.42% assuming standard purchaser’s cost of 6.7%.
PROPERTY FACTS
| Price | $59,517,196 CAD | Lot Size | 8.61 AC |
| Price Per SF | $351.87 CAD | Rentable Building Area | 169,147 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.42% | Year Built | 1985 |
| Tenure | Freehold | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.53/1,000 SF |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 14 |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Price | $59,517,196 CAD |
| Price Per SF | $351.87 CAD |
| Sale Type | Investment |
| Cap Rate | 5.42% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 8.61 AC |
| Rentable Building Area | 169,147 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 0.53/1,000 SF |
| No. Dock-High Doors/Loading | 14 |
| No. Drive In / Grade-Level Doors | 3 |
AMENITIES
- Automatic Blinds
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Next Group plc | Arisdale Ave
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