4 Umberley Rd 40,657 SF Retail Building Kilmarnock KA1 5LB $3,885,356 ($95.56/SF) 12.76% Cap Rate
INVESTMENT HIGHLIGHTS
- High yielding retail warehouse investment
- The property is situated on the Ayr Road
- Parking
EXECUTIVE SUMMARY
High yielding retail warehouse investment. Offers in excess of £3,000,000 (Three Million Pounds Sterling), exclusive of VAT. This reflects an attractive net initial yield of 12.76%, assuming purchaser’s costs at 6.42%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
40,657 SF
Building Class
B
Year Built
1981
Price
$3,885,356
Price Per SF
$95.56
Cap Rate
12.76%
NOI
$495,771
Tenancy
Single
Building Height
1 Story
Building FAR
1.10
Lot Size
0.85 AC
Parking
82 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
254’ on Umberly Road
AMENITIES
- Fenced Lot
- Security System
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
