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Tadman St 33,973 SF 100% Leased Industrial Building Wakefield WF1 5QA $7,457,926 CAD ($219.53 CAD/SF) 6.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Surface car parking spaces and secure open storage yard
- The Property is located 1.5 miles to the southeast of Wakefield city centre, within an established industrial and trade counter location
- Multi let trade counter and industrial units with open storage land
EXECUTIVE SUMMARY
Instructed to seek offers in excess of £4,005,000 (Four Million and -Five Thousand Pounds) for the freehold interest, subject to contract and exclusive of VAT. An offer at this level would reflect a net initial yield of 6.40%,assuming usual purchaser’s cost and a capital value of £117.88 psf
PROPERTY FACTS
| Price | $7,457,926 CAD | Building Class | B |
| Price Per SF | $219.53 CAD | Lot Size | 1.73 AC |
| Sale Type | Investment | Rentable Building Area | 33,973 SF |
| Cap Rate | 6.40% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 2001 |
| Property Type | Industrial | Parking Ratio | 0.38/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Price | $7,457,926 CAD |
| Price Per SF | $219.53 CAD |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.73 AC |
| Rentable Building Area | 33,973 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Parking Ratio | 0.38/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- 24 Hour Access
- Controlled Access
- Yard
- Automatic Blinds
- Storage Space
UTILITIES
- Lighting
- Water
- Sewer
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Tadman St
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