2-8 Buchanan St 13,169 SF 100% Leased Retail Building Glasgow G1 3JN $17,541,569 CAD ($1,332.04 CAD/SF) 6.95% Cap Rate

INVESTMENT HIGHLIGHTS

  • Located on Glasgow’s Prime retailing thoroughfare
  • Buchanan Street currently has less than 2% vacancy
  • Uppers split into 8 residential apartments all let on Private Residential Tenancies

EXECUTIVE SUMMARY

The premises comprise an entire Grade B Listed stone building constructed in 1929 which provides retail accommodation over basement, ground and first floors with 8 residential units in the floors above.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
13,169 SF
Building Class
B
Year Built
1929
Price
$17,541,569 CAD
Price Per SF
$1,332.04 CAD
Cap Rate
6.95%
NOI
$1,219,139 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Building FAR
3.52
Lot Size
0.09 AC

AMENITIES

  • Banking
  • Bus Line
  • Storage Space

NEARBY MAJOR RETAILERS

Lidl
Bank Of Scotland
The Gym
Sainsbury's
Tim Hortons
Costa Coffee
Black Sheep Coffee
Starbucks
The Co-Operative
Caffe Nero
  • Listing ID: 35248186

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 2-8 Buchanan St, Glasgow G1 3JN