Leased Warehouse in DIP – Excellent ROI
Property Features:
- BUA: 9,300 Sqft
- Plot Area: 17,800 Sqft
- DIP Land Lease Rate: AED 89,768.67 annually
- Power Capacity: 83 kW upgradable
- Lease Information: The lease rate is subject to potential increases, with the current agreement valid through the end of 2025.
- Current Tenant's Lease Rate: AED 326,196 annually
- Projected Rent: Up to AED 558,000 annually (based on AED 60 per Sqft)
This small warehouse represents a valuable investment opportunity with stable rental income and an improved return.
CRC (Commercial Real Estate Consultants) is a brokerage firm specializing in commercial properties and affiliated with Better homes. The company was founded by a group of creative and forward-thinking individuals in the real estate industry. CRC mainly focuses on serving local and international clients who want to sell, lease, or invest in commercial properties to achieve greater value.
With a team of 50 property experts, we understand the business of commercial real estate. Our property consultants are handpicked and trained to the highest standards to professionally represent our brand and your interests. Leveraging best-in-class technology and support, our agents provide comprehensive options to strategic direction - now and long into the future. With proven track records and an ever-present eye on market trends, CRC makes it our business to develop an innate understanding of yours.
Call or email us for further details.
- BUA: 9,300 Sqft
- Plot Area: 17,800 Sqft
- DIP Land Lease Rate: AED 89,768.67 annually
- Power Capacity: 83 kW upgradable
- Lease Information: The lease rate is subject to potential increases, with the current agreement valid through the end of 2025.
- Current Tenant's Lease Rate: AED 326,196 annually
- Projected Rent: Up to AED 558,000 annually (based on AED 60 per Sqft)
This small warehouse represents a valuable investment opportunity with stable rental income and an improved return.
CRC (Commercial Real Estate Consultants) is a brokerage firm specializing in commercial properties and affiliated with Better homes. The company was founded by a group of creative and forward-thinking individuals in the real estate industry. CRC mainly focuses on serving local and international clients who want to sell, lease, or invest in commercial properties to achieve greater value.
With a team of 50 property experts, we understand the business of commercial real estate. Our property consultants are handpicked and trained to the highest standards to professionally represent our brand and your interests. Leveraging best-in-class technology and support, our agents provide comprehensive options to strategic direction - now and long into the future. With proven track records and an ever-present eye on market trends, CRC makes it our business to develop an innate understanding of yours.
Call or email us for further details.
Property Information
- TypeWarehouse
- PurposeFor Sale
- Reference no.Bayut - WH38855S
- CompletionReady
- Average Rent
- Added on24 June 2024
Trends
Mortgage
This property is no longer available
Mahmoud Elboraey
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