Fully Leased Building | SZR next to Metro

Income producing asset @ 8.8% ROI
Prime Location on Sheikh Zayed Road next to the Metro - Trophy Asset!
Fully leased building with long term tenants.
B+G+1: 1 office floor, 2 showrooms, 42 parkings, 2 elevators
Leasable area: 27,921 sq ft
Plot Area : 21,496 sq ft
Plot Ownership: On Concession from DREC - paid up until September 2039
Lease transfer Charges: 2% of sale price
Commission 2% on purchase price
Additional income from LED screen on rooftop operated by Eyemedia

Located beside Umm Al Sheif Metro Station
Umm Al Sheif is a peaceful area in Dubai. Most basic amenities can be found in the community or its surrounding areas.

IST Plaza - OFFER SUMMARY - GET 8.8% ROI WITH LONG LEASES IN PLACE
(This asset is not suitable for end users/occupiers due to the long leases already in place)

FOR MORE INFORMATION, CALL SUMEET KHUBCHANDANI AT +97150 558 1277
Visit us at [link not available] to learn more.

Property details

Property Type

Whole Building

Property Size

27,921 sqft / 2,594 sqm

Bathrooms

none