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Ibis House Ibis Ct 6,364 SF Office Building Warrington WA1 1RL $2,617,424 CAD ($411.29 CAD/SF) 7.42% Cap Rate
Investment Highlights
- Excellent links to the national motorway network
- Within walking distance of Warrington Town Centre
- Liverpool and Manchester Airports within 13 miles
Executive Summary
Offers in excess of £1,400,000 (One Million and Four Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 7.96%, assuming purchaser’s costs of 6.05%
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,364 SF
Building Class
B
Year Built
2002
Price
$2,617,424 CAD
Price Per SF
$411.29 CAD
Cap Rate
7.42%
NOI
$194,213 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,112 SF
Building FAR
0.64
Lot Size
0.23 AC
Parking
40 Spaces (6.4 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Energy Performance Rating - C
- Central Heating
- Air Conditioning
- Raised Floor System
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