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The Enterprise Zone Armstrong St 9,668 SF Office Building Grimsby DN31 1XB $1,580,926 CAD ($163.52 CAD/SF) 13.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Good road communications
- Surrounded by a range of complementary commercial occupiers
- Single storey detached office building
EXECUTIVE SUMMARY
The property comprises a single storey detached office building that has been divided into two suites. The Freehold of the property is available For Sale, subject to the two
occupational leases.
occupational leases.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
9,668 SF
Building Class
B
Year Built
2000
Price
$1,580,926 CAD
Price Per SF
$163.52 CAD
Cap Rate
13.37%
NOI
$211,370 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,668 SF
Slab To Slab
11’
Building FAR
0.25
Lot Size
0.90 AC
Parking
12 Spaces (1.24 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- Energy Performance Rating - C
- Fully Carpeted
- Open-Plan
- Drop Ceiling
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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MAP
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The Enterprise Zone | Armstrong St
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