Industrial Investment Opportunity in DIP
The subject properties comprise of two industrial units.
The first property is a 78,100 sq. ft. industrial unit (plot size 34.702 sq. ft. ) with a mezzanine office and a yard to the front. The property is being leased, producing a gross rental income of AED 655,215 per annum and has an unexpired term of 1.7 years.
The second property is a 24,436 sq. ft. industrial unit (plot size 43,441 sq. ft. ) with a yard to the front and middle of the unit. It was completed in 2016 and is being sold fully leased, with an unexpired term of 0.25 years, producing a rental income of AED 473,128 per annum.
In total, both units produce a gross rental income of AED 1,128,397 in year 1 and a Weighted Average Unexpired Lease Term of 1 year and are available as one lot, or as separate purchases.
Jebel Ali is a strategic logistics hub in Dubai, UAE, renowned for its extensive port facilities and proximity to major trade routes. It offers modern warehouses with advanced logistics services, along with tax incentives and 100% foreign ownership in free zones. The area's excellent connectivity via road networks to the UAE and beyond, coupled with ample land for expansion, makes it an ideal location for businesses aiming to optimize their supply chain efficiency in the Middle East.
The first property is a 78,100 sq. ft. industrial unit (plot size 34.702 sq. ft. ) with a mezzanine office and a yard to the front. The property is being leased, producing a gross rental income of AED 655,215 per annum and has an unexpired term of 1.7 years.
The second property is a 24,436 sq. ft. industrial unit (plot size 43,441 sq. ft. ) with a yard to the front and middle of the unit. It was completed in 2016 and is being sold fully leased, with an unexpired term of 0.25 years, producing a rental income of AED 473,128 per annum.
In total, both units produce a gross rental income of AED 1,128,397 in year 1 and a Weighted Average Unexpired Lease Term of 1 year and are available as one lot, or as separate purchases.
Jebel Ali is a strategic logistics hub in Dubai, UAE, renowned for its extensive port facilities and proximity to major trade routes. It offers modern warehouses with advanced logistics services, along with tax incentives and 100% foreign ownership in free zones. The area's excellent connectivity via road networks to the UAE and beyond, coupled with ample land for expansion, makes it an ideal location for businesses aiming to optimize their supply chain efficiency in the Middle East.
Property Information
- TypeWarehouse
- PurposeFor Sale
- Reference no.Bayut - cbreuae-10892954
- CompletionReady
- Average Rent
- Added on24 November 2024
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