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Castle View Shopping Centre Cae Meillion 28,139 SF 100% Leased Retail Building Caerphilly CF83 1SN $9,180,418 CAD ($326.25 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully occupied district centre
- WAULT of 10.40 years to expiry and 8.57 years to break
- High footfall and excellent parking
EXECUTIVE SUMMARY
The property comprises a purpose built 28,139 sq ft district shopping centre with part constructed in 1996 and a modern extension added in 2021. In total the park has 13 retail and restaurant units, a medical centre, a veterinary practice and a dental practice. Internally all units are fitted out to the individual tenant’s specification.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
28,139 SF
Building Class
B
Year Built
1997
Price
$9,180,418 CAD
Price Per SF
$326.25 CAD
Cap Rate
8%
NOI
$734,433 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.69 AC
Parking
141 Spaces (5.01 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Commuter Rail
- Energy Performance Rating - C
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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Castle View Shopping Centre | Cae Meillion
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