Watling St
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Watling St
24,524 SF 100% Leased Retail Building Cannock WS11 1SH $9,643,184 CAD ($393 CAD/SF) 10% Cap Rate
Investment Highlights
- A terrace of three prime retail warehouse units constructed in 2012, situated at the gateway to Cannock when approaching from the M6.
- WAULT to break and expiry of 7.28 years and 7.73 years respectively, assuming a calculation date of 1 December 2024.
- Fully let to DFS, Porcelanosa and Starplan Furniture – all rated very low risk by Creditsafe.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
24,524 SF
Building Class
B
Year Built
2012
Price
$9,643,184 CAD
Price Per SF
$393 CAD
Cap Rate
10%
NOI
$964,318 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
50 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
247 ft on Watling Street
Amenities
- Bus Line
- Dedicated Turn Lane
- Security System
- Automatic Blinds
- Storage Space
1 of 1
Nearby Major Retailers
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Watling St
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