72-74 Marygate 3,994 SF 100% Leased Retail Building Berwick-Upon-Tweed $692,451 CAD ($173.37 CAD/SF) 9.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominently situated on the north side of Marygate
- 2 storey commercial development of traditional
- A prime retailing pitch
EXECUTIVE SUMMARY
Full retail building investment for sale. Offers over £375,000 reflecting a Net Initial Yield of 9.15%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,994 SF
Building Class
B
Year Built
1789
Price
$692,451 CAD
Price Per SF
$173.37 CAD
Cap Rate
9.15%
NOI
$63,359 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.05 AC
Frontage
43’ on Marygate
AMENITIES
- Accent Lighting
1 of 1
NEARBY MAJOR RETAILERS
