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Hylton Park 18,568 SF 89% Leased Office Building Sunderland SR5 3HD $4,189,846 CAD ($225.65 CAD/SF) 8.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Prominent location on desirable business park
- Excellent transport links nearby
- Excellent transport links with easy access to city centre.
EXECUTIVE SUMMARY
Multi-Let Office Investment For Sale: Offers of £2,250,000 reflecting an initial yield of 8.25%.
The Freehold site extends to approx. 1.5 acres (0.61 hectares). There are currently 76 car parking spaces.
The Freehold site extends to approx. 1.5 acres (0.61 hectares). There are currently 76 car parking spaces.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
18,568 SF
Building Class
C
Year Built
2005
Price
$4,189,846 CAD
Price Per SF
$225.65 CAD
Cap Rate
8.25%
NOI
$345,662 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,284 SF
Slab To Slab
12’
Building FAR
0.06
Lot Size
6.94 AC
Parking
67 Spaces (3.61 Spaces per 1,000 SF Leased)
AMENITIES
- Accent Lighting
- Energy Performance Rating - C
- Automatic Blinds
- Central Heating
- DDA Compliant
- Demised WC facilities
- High Ceilings
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The self contained unit is suitable for a variety of high-tech and office users providing an open plan layout around a central service core. All units have allocated on-site car parking within an attractive landscaped setting.
| Space | Size | Space Use | Condition | Available |
| Ground-Ste 3B | 2,033 SF | Office | Full Build-Out | Now |
Ground-Ste 3B
| Size |
| 2,033 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Ground-Ste 3B
| Size | 2,033 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The self contained unit is suitable for a variety of high-tech and office users providing an open plan layout around a central service core. All units have allocated on-site car parking within an attractive landscaped setting.
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Hylton Park
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