Log In/Sign Up
Your email has been sent.
Unit 7 iO centre Springhill Pky 12,570 SF Retail Building Baillieston G69 6GA $3,394,340 CAD ($270.04 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime industrial location
- 2 miles to the Baillieston Interchange
- Let to K&G Distribution LTD
- 6 miles to Glasgow city centre
- Standalone industrial unit on Glasgow Business Park
- Private secure yard area
EXECUTIVE SUMMARY
Offers are sought in excess of £1,825,000 (one Million, Eight Hundred and Twenty Five Thousand Pounds Sterling) exclusive of VAT for the benefit of our client’s heritable interest. A purchase at this level would reflect an attractive Net Initial Yield of 6.5% after allowing for purchaser’s costs of 6.17%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
12,570 SF
Building Class
B
Year Built
2008
Price
$3,394,340 CAD
Price Per SF
$270.04 CAD
Cap Rate
6.50%
NOI
$220,632 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.71 AC
Parking
70 Spaces (5.57 Spaces per 1,000 SF Leased)
AMENITIES
- Energy Performance Rating - C
- Automatic Blinds
- Storage Space
1 1
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Unit 7 iO centre | Springhill Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.