10
Fully Leased Building | SZR next to Metro | 8.8% ROI
Income producing %
Prime Location on Sheikh Zayed Road next to the Metro
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
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
Prime Location on Sheikh Zayed Road next to the Metro
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
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
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 100763364100
- CompletionReady
- Average Rent
- Added on7 November 2024
Features / Amenities
Parking Spaces
ATM Facility
