Hamilton Osborne King is seeking offers in the region of £3.75 million (€4.76m) for an industrial headquarters building at the Northern Cross Business Park along the M50 near Finglas, Dublin 11.
The 32,1457 sq ft building is let to Nippon Express at an initial rent of £281,720 (€357,710) per annum. Michael Clarke of HOK said the rent is due to be stepped over the first five years, providing an equivalent yield of around 7.25 per cent. The 20-year lease provides for a break option in the tenth year.