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4M Building Malaga Ave 95,038 sq ft 55% Let Office Property Manchester M90 3RR £8,500,000 (£89.44/sq ft) 14.52% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Landmark office building located at the heart of Manchester Airport – the UK’s most significant regional transport hub.
- Multi-let to five tenants including Manchester Airport, Emirates and Menzies Aviation.
- Irreplicable location situated directly above Manchester Airport’s Transport Interchange providing unrivalled connectivity.
EXECUTIVE SUMMARY
Newmark are instructed to seek offers in excess of £8,500,000, subject to contract and exclusive of VAT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
95,038 sq ft
Costar Property Class
B
Year Built/Renovated
2002/2007
Price
£8,500,000
Price per sq ft
£89.44
Yield
14.52%
NOI
£1,234,355
Occupancy Rate
55%
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
15,233 sq ft
Plot ratio
0.04
Total Plot Size
49.56 ac
Parking
10 Spaces (0.1 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Security System
- Storage Space
- Demised WC facilities
- Natural Light
- Open-Plan
- Secure Storage
- Shower Facilities
- Air Conditioning
- Raised Floor System
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
14,459 Sf of office space available on the 2nd floor of 4M Malaga Ave.
15,233 Sf of office space available on the 3rd floor of 4M Malaga Ave.
13,100 Sf of office space available on the 6th floor of 4M Malaga Ave.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 14,459 sq ft | Office | Partial Fit-Out | Now |
| 5th Floor | 15,233 sq ft | Office | Partial Fit-Out | Now |
| 6th Floor | 13,100 sq ft | Office | Partial Fit-Out | Now |
2nd Floor
| Size |
| 14,459 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
5th Floor
| Size |
| 15,233 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
6th Floor
| Size |
| 13,100 sq ft |
| Space Use |
| Office |
| Condition |
| Partial Fit-Out |
| Available |
| Now |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 14,459 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
14,459 Sf of office space available on the 2nd floor of 4M Malaga Ave.
5th Floor
| Size | 15,233 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
15,233 Sf of office space available on the 3rd floor of 4M Malaga Ave.
6th Floor
| Size | 13,100 sq ft |
| Space Use | Office |
| Condition | Partial Fit-Out |
| Available | Now |
13,100 Sf of office space available on the 6th floor of 4M Malaga Ave.
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4M Building | Malaga Ave
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