- Zemgale Suburb Shop 17,000,000 €
- Basic parameters
- Photo
№ 2,164,002
Shop 4308 m² in Zemgale Suburb, Latvia
17,000,000 €
3,946 € /m²
- Total area 4,308 m²
- Yield —
- Lease term —
- Constructed 2018
Key project parameters
- Total area
- 4,308 m²
- Floors
- 5
- Constructed
- 2018
Project description
Office building for sale.
- Total area: 5600 m² (including underground parking).
- Leasable 4308.4 m² — of which 3931.2 m² are internal areas (offices) and 377.2 m² are outdoor rented (balconies, corridors for offices).
- 100% rented out, 5 tenants, all large anchor companies that made large investments in setting up offices for themselves.
- Contracts are concluded for 3–4 years, inseparable (in case of termination, they pay a penalty in the amount of rent for the entire period). Indexation 3% per year.
- Underground parking 33 places, 142 ground
Yield 6%
Extra information
Car parks
Underground parking
Tenants
- Agreement
- n/a
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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