Logistic Park for sale -Investment Opportunity - Theodor Pallady area, Bucharest

CARACTERISTICS

Area Theodor Pallady

End-use Residential, Commercial offices, Commercial retail

DESCRIPTION

Logistic park comprising two warehouses occupied by a single tenant plus available land for development;

Total land plot area (available + existing development): 31,203 sqm;
from which:

Total built area: 9,365 sqm;
Warehouse 1: 4,365 sqm built area;
Warehouse 2: 5,000 sqm built area.

Available land plot for development: 21,838 sqm;

The property is leased based on a 15 years agreement (starting 2008/2010):

Warehouse 1 - expires 2023;
Warehouse 2 - expires 2025.