Floor in the office building, Ashkelon, Israel

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Floor in the office building, Ashkelon, Israel

$3,597,000
$4,402 /m²
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  • Total area
    817 m²
  • Yield
    6.0%
  • Built in 
    2017
Details
Property parameters
  • Number of parking lots: 5
  • 7-floor building
  • 4 floor
Financial performance
  • Annual income: $215,889
Tenants
  • Fully let
  • End of lease: 2028
Transaction costs
  • Broker: 2.0%

Office unit on the 4th floor in a 7-storey building in the city center.

Description

The area of the premises is 817 m².

The price of the property includes parking for 5 cars.

The building was built in 2017, at the moment the repair works are being carried out according to the requirements of the tenant.

Financial performance

Absolute annual income is 183,000 €.

The current yield of 6.0%.

Tenants

The tenant is a state structure.

The lease agreement is valid for 10 years and contains the extension option for 1x5 years.

Transaction costs

The brokerage fee is 2% + 17% VAT (in total 2.34%).

Location and nearby infrastructure

The property is located in the city center.

The premises are situated in a building with a polyclinic, a pharmacy, private medical rooms, legal and audit firms.

  • Property on the map
    Location right down to the building, street or city

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