High Visibility Commercial Space | Flex Terms

Property Overview:

Location: Motor City, Dubai – A prime, high-traffic area known for its vibrant community and excellent accessibility.
Total Commercial Space: 13,000 sq ft of original space, with an additional 11,200 sq ft expansion space available, bringing the total leasable area to approximately 24,200 sq ft.

Expansion Details: The additional 11,200 sq ft is available at no additional rent; however, the tenant will be responsible for construction and fit-out costs. Negotiations between the tenant and landlord may include a grace period of free rent and reduced rental rates during the first year to offset these expenses.
Key Selling Points: Prime visibility, excellent accessibility, ample parking, and a well-established community with high foot traffic, making it ideal for premium brands.
Incentive Structure for Expansion Space:

Grace Period: A negotiable grace period of up to 6 months of free rent to allow tenants to cover the expansion's initial construction and fit-out costs.
Reduced First-Year Rent: There is potential for lower rent during the first year to help offset construction expenses, making the expansion financially attractive.
Tenant Contribution: The tenant is responsible for the construction costs of the additional 11,200 sq ft, allowing them to customize the space according to their operational requirements.
fäm Properties
Contact Us - +971-48372843
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com

Property details

Property Type

Retail

Property Size

24,200 sqft / 2,248 sqm

Available from

13 Sep 2024