
279-281 North Deeside Rd
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279-281 North Deeside Rd
3,000 SF 100% Leased Retail Building Peterculter AB14 0UL $2,184,135 CAD ($728 CAD/SF) 5.50% Cap Rate

INVESTMENT HIGHLIGHTS
- Well placed for quick access to the city centre and as such, has a large commuter population.
- The building is of steel frame construction.
- The property benefits from high visibility and quick accessibility to the local and national road network.
EXECUTIVE SUMMARY
The subjects comprise nine flats within a larger detached block which includes commercial units and is of a three storey height however due to the change in site height, is of four storeys to the rear elevation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
B
Year Built
2016
Price
$2,184,135 CAD
Price Per SF
$728 CAD
Cap Rate
5.50%
NOI
$120,127 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.75
Lot Size
0.09 AC
Frontage
104 ft on North Deeside Road
AMENITIES
- 24 Hour Access
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279-281 North Deeside Rd
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