Entire Commercial building, corner, with modern infrastucture and facilities in key-location in Ilioupoli

Modern Commercial building,with architecturally distintictive glass and metal facade, corner lot, providing excellent accessibility and visibility for business, only steps away from the Metro station of Ilioupoli, offering easy connectivity with the rest of the city. The property covers a total area of 4,202sqm providing ample space for a range of businesses, ensuring modern infrastucture and facilities.

PROPERTY DETAILS:

The building expands in 4 levels plus 2 underground basements. The Ground floor surface is 1111.29sqm. First floor's surface is 636.83sqm, Second floor's is 573.28sqm, Third floor's 366.89sqm, and the Fourth floor's 58.48sqm. The property also comprises two basements with underground parking. Basement (A) surface is 487.06 consisting of 12 parking spaces. Basement (B) surface is 968.23 and consists of 3 storage rooms and 15 parking spaces. Outdoor parking spaces are also available.

Tenancy agreements have been renewed until 2025 apart from one which has been renewed until 2029. All tenant agreements are subject to 2% plus libor increase every year.

The annual rent achieved at the moment is 216,540 euro with the potential to reach above 240.000 euro, once its occupied 100%.

This commercial property presents an excellent investment opportunity due to its prime location, log-term tenant agreements and potential for future appreciation.

The 160sqm Ground floor space is also available for rent.