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Carnegie Rd 5,331 SF Industrial Building Glasgow G52 4JZ $1,490,201 CAD ($279.53 CAD/SF) 6.37% Cap Rate
Investment Highlights
- Next door to Hillington East station
- Easy access to the M8 motorway
Executive Summary
The property is available for sale and is let to Star Engineering Limited on a 10 year FRI lease from February 2023 subject to a tenant only break option on 5th anniversary. The passing rent £53,652 per annum (£12/sq ft) subject to an upwards only open rent review in February 2028.
Property Facts
| Price | $1,490,201 CAD | Rentable Building Area | 5,331 SF |
| Price Per SF | $279.53 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2023 |
| Cap Rate | 6.37% | Tenancy | Single |
| Tenure | Freehold | Parking Ratio | 1.33/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 19’6” (5.94 m) |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.16 AC |
| Price | $1,490,201 CAD |
| Price Per SF | $279.53 CAD |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Tenure | Freehold |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.16 AC |
| Rentable Building Area | 5,331 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| Clear Ceiling Height | 19’6” (5.94 m) |
| No. Drive In / Grade-Level Doors | 3 |
Amenities
- 24 Hour Access
- Yard
- Automatic Blinds
- Demised WC facilities
Utilities
- Lighting
- Water - City
- Sewer - City
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Carnegie Rd
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