222-230 Main St 1,150 SF 100% Leased Retail Building Wishaw ML2 7LU $334,493 ($290.86/SF) 4% Cap Rate

INVESTMENT HIGHLIGHTS

  • Heavy daytime foot and vehicle traffic
  • Wishaw train station nearby
  • Town centre location

EXECUTIVE SUMMARY

As the subjects currently stand the development element provides a level site which is accessed off Roberts Street close to the Lidl supermarket. The area has a good mix of uses, with residential properties, offices and the Main Street within easy walking distance.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,150 SF
Building Class
B
Year Built
1899
Price
$334,493
Price Per SF
$290.86
Cap Rate
4%
NOI
$13,380
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.03 AC
Frontage
38’ on Main Street

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Costa Coffee
Tesco Extra
Lidl
Morrisons
Bank of Scotland
Iceland
Nisa
Food Warehouse
  • Listing ID: 30787878

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 222-230 Main St, Wishaw ML2 7LU