Alma Pl - Auto Dealership FOR SALE


Durham, DUR DH1 2HN
$2,100,000 USD
191-338-5735
Alma Pl, Durham, DUR for Sale
$2,100,000 USD
Auto Dealership - FOR SALE
1/2
null | 6.27% Cap Rate

Alma Pl
Durham, DUR DH1 2HN


HIGHLIGHTS

  • Prominently located car showroom investment in Durham
  • Highly visible location immediately opposite Durham City Retail Park
  • Nearby occupiers include B&Q, Currys PC World, B&M, Argos, Boots, SCS, KFC, and Pizza Hut
  • The local area forms a motor retail cluster, including Toyota and Renault, with Cooper BMW, Seat, Nissan, Mazda, and Skoda dealerships nearby
  • The excellent location may provide future opportunity for redevelopment, particularly for roadside uses

OVERVIEW

Offers in excess of £2,100,000, reflecting a net initial yield of 6.27% and assuming standard purchasers costs of 6.30%.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peugeot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,873 SF

ZONING

-

APN/PARCEL ID

DU192802,DU325342

ASK ABOUT THIS PROPERTY

Daniel CapobassoDelta Capital Property InvestmentMore Info
191-338-5735

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Daniel CapobassoDelta Capital Property InvestmentMore Info
191-338-5735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.