The property is located in the area of high publicity (the daily passenger traffic flow is more than 16K people per day), according to the official data.
Total area: 162 m2
Lease agreement signed until April 2019
Rental cost: $ 27 per m2
Price: $ 577,000
Total area: 526 m2
Lease holder is a well known international network operator.
Lease agreement is signed by notary for 5 years from 2016, valid for 3 years more.
Rental cost: $ 31 per m2
The sale of the real estate is possible with keeping current rental conditions until the expiration of lease agreement terms.
The rental cost of the property with similar traffic flows nearby this location starts from $40 and going upward.
There are prospects to raise the object's profitability:
- Increase the rent price for the current tenants after expiration of lease agreement terms
- Attracting new tenants on more favorable terms
- Chains of cosmetic stores
- Grocery stores
- Electronic goods
- Coffee Shops / restaurants / fast foods
- Small tenants (flowers/press/electronics repair, etc.)