196-200 Robin Hood Ln
3,903 SF Retail Building Birmingham B28 0LG $1,384,310 ($355/SF) 6.55% Cap Rate
![196-200 Robin Hood Ln, Birmingham for sale - Primary Photo - Image 1 of 2](https://images1.loopnet.com/i2/wVkWF_FRFxzepLDmCcbNiBiDyBcqKHB-CBj9MvIQvsw/110/196-200-Robin-Hood-Ln-Birmingham-Primary-Photo-1-Large.jpg)
![196-200 Robin Hood Ln, Birmingham for sale - Building Photo - Image 2 of 2](https://images1.loopnet.com/i2/1pH8Bd9l3fDrdFY9Ml7tdexrpSbeEbvy-31Az72EFMg/110/196-200-Robin-Hood-Ln-Birmingham-Building-Photo-2-Large.jpg)
INVESTMENT HIGHLIGHTS
- Prominent position
- Core investment grade
- Triple retail unit
EXECUTIVE SUMMARY
196-200 Robin Hood Lane, Hall Green is a 3,903 sqft triple ground floor unit surmounted by office accommodation and set back behind a paved forecourt fronting a side position to a busy roundabout within the suburb. The property is comprised of an open-plan retail store spanning three former units, built of brick construction and leading into the end of the terraced parade - with the roofing aspect comprised of pitch tiles.
The property is to be offered to the freehold investment market with the current tenants serving their 15-year lease.
The property is to be offered to the freehold investment market with the current tenants serving their 15-year lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,903 SF
Building Class
B
Year Built
1960
Price
$1,384,310
Price Per SF
$355
Cap Rate
6.55%
NOI
$90,609
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.29 AC
Frontage
AMENITIES
- Bus Line
1 of 1
NEARBY MAJOR RETAILERS
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