Investment property, Ceļāres street, Babīte / 3500000€

Property description

Modern building strategically located.

Office building with warehouse 2564.2 m2 - Built in 2018 y. It features a spacious multifunctional space currently used as a service area. The facade includes an exhibition hall. Industrial-style offices are located on the upper floors.

Warehouse building 446.4 m2 - Built in 2018. Open type. Four lifting gates. By constructing mezzanines, the warehouse can be divided into four zones, increasing the area to 900 m2 to create stock office spaces.

Land area 15500 m2.

An undeveloped land plot of 7800 m², where it is possible to develop another project.

+ The complex has received the award for "Best Industrial Building of 2019";
+ Modern engineering communications;
+ Proximity to bus stops, railway station;
+ The property is easily accessible from the Riga bypass, Riga - Jurmala highway, or Imanta;
+ The price is indicated with all equipment and machinery included.
Cash Flow:

Currently, the property is leased to several tenants, generating a stable cash flow. The current yield is 6.5%. The two largest tenants are "MOLLER BALTIC IMPORT" and "MERTEIL." The building is fully leased."

Object on the map