Commercial Space | Tenant Incentives | Prime Spot
Property Overview:
This exceptional commercial property is located in Motor City, Dubai, a prestigious and bustling neighborhood known for its vibrant community atmosphere and excellent accessibility. It offers an incredible investment opportunity, particularly for businesses seeking high visibility and foot traffic.
- Selling Price: AED 50,000,000
- Plot Size: 12,300 sq ft
- Total Leasable Area: 24,200 sq ft (includes an additional 11,200 sq ft of expansion space)
- Annual Rental Value: AED 6,480,000 (equivalent to AED 270 per sq ft)
Expansion Opportunity:
The property includes an additional 11,200 sq ft of space available free of charge. This space is perfect for expanding operations or introducing new facilities. Tenants will be responsible for construction and fit-out costs, but there’s flexibility for negotiation, including potential grace periods of free rent and discounted rental rates during the first year to mitigate the initial outlay.
Send you inquiry for more details information! Click Call, Whatsapp, or Email.
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: pierre.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:67139318176
This exceptional commercial property is located in Motor City, Dubai, a prestigious and bustling neighborhood known for its vibrant community atmosphere and excellent accessibility. It offers an incredible investment opportunity, particularly for businesses seeking high visibility and foot traffic.
- Selling Price: AED 50,000,000
- Plot Size: 12,300 sq ft
- Total Leasable Area: 24,200 sq ft (includes an additional 11,200 sq ft of expansion space)
- Annual Rental Value: AED 6,480,000 (equivalent to AED 270 per sq ft)
Expansion Opportunity:
The property includes an additional 11,200 sq ft of space available free of charge. This space is perfect for expanding operations or introducing new facilities. Tenants will be responsible for construction and fit-out costs, but there’s flexibility for negotiation, including potential grace periods of free rent and discounted rental rates during the first year to mitigate the initial outlay.
Send you inquiry for more details information! Click Call, Whatsapp, or Email.
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: pierre.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:67139318176
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - B-CS-117497
- CompletionReady
- Average Rent
- Added on21 November 2024
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