Piccadilly Business Centre | Unit C Blackett St
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Piccadilly Business Centre Unit C Blackett St
7,723 SF 100% Leased Office Building Manchester M12 6AE $1,214,135 ($157/SF) 9.82% Cap Rate
Investment Highlights
- Prominent Business Location
- Solid Transport Links
- On-Site Parking
Executive Summary
A prime investment opportunity for the long leasehold interest inviting offers in excess of £950,000 which assuming purchaser’s costs of 5.49% shows a NOI yield of 9.82%.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
7,723 SF
Building Class
B
Year Built
1990
Price
$1,214,135
Price Per SF
$157
Cap Rate
9.82%
NOI
$119,228
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,862 SF
Building FAR
0.86
Lot Size
0.21 AC
Amenities
- Air Conditioning
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Piccadilly Business Centre | Unit C Blackett St
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