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MKM Building Supplies Trade Counter South Rd 15,250 SF Flex Building Peterhead AB42 2XX $6,784,930 CAD ($444.91 CAD/SF) 5% Cap Rate

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Investment Highlights

  • Site provides quick access to the A90 which is the main route in to Peterhead
  • ESG credentials with Solar Panels installed on the roof
  • MKM are an exceptional covenant with an Experian score of 100/100 (Very Low Risk)

Executive Summary

Offers are sought in excess of £3,625,000 (Three Million, Six Hundred and Twenty Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial yield of 5.00%, net of purchaser’s costs of 6.51%.

Attachments

Brochure

Property Facts

Price $6,784,930 CAD
Price Per SF $444.91 CAD
Sale Type Investment
Cap Rate 5%
Tenure Freehold
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 0.57 AC
Rentable Building Area 15,250 SF
No. Stories 2
Year Built 2021
Tenancy Single

Amenities

  • 24 Hour Access
  • Listing ID: 24625173

  • Date on Market: 2021-12-08

  • Last Updated:

  • Address: South Rd, Peterhead AB42 2XX

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