AED 20,000,000
AED 20,000,000
"High-Return Commercial Retail Property for Sale in IMPZ" IMPZ IMPZ
Facts
Reference SAN PP 765
Added On 19-Nov-2024
Category Commercial
Type Commercial Building
Offer Type For Sale
Size 25,336 Sq. Ft.
Description
Commercial Retail Building for Sale – IMPZ, Dubai
Property ID: SAN PP 765
Location: IMPZ, Dubai
Property Type: Commercial Retail Full Building (Rented)
Ownership: Freehold
Plot Size: 25,336 sqft
BUA Area: 25,336 sqft
Saleable Area: 15,268 sqft
Height: Ground Floor
Total Retail Units: 11
Selling Price: AED 20 Million
Rental Income: AED 1.58 Million
Expenses: AED 161,000
Net Rental Income: AED 1.42 Million
ROI: 7.1%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Property Highlights:
Fully Leased Commercial Retail Building: This retail building in IMPZ is fully rented, offering a reliable and consistent net rental income of AED 1.42 Million, ensuring a solid 7.1% ROI.
Prime Location: IMPZ (International Media Production Zone) is a strategic area with high demand for retail spaces, making this property an attractive investment with long-term potential.
Freehold Ownership: Available with Freehold ownership, allowing full rights to both local and international investors.
Spacious Retail Units: The building consists of 11 retail units, offering a saleable area of 15,268 sqft within a total built-up area of 25,336 sqft, ideal for commercial retail operations.
Ground Floor Height: Positioned on the ground floor, providing easy accessibility and visibility for retail businesses.
High-Return Investment: With annual rental income of AED 1.58 Million and operating expenses of AED 161,000, this property is a great choice for investors seeking stable returns in a growing business hub.
This commercial retail building offers a solid investment with immediate returns and potential for future growth, thanks to its prime location in IMPZ and fully leased status. The 7.1% ROI combined with the Freehold ownership makes it an ideal asset for investors looking to diversify their portfolio.
For more information or to arrange a viewing, please contact us today!
Property ID: SAN PP 765
Location: IMPZ, Dubai
Property Type: Commercial Retail Full Building (Rented)
Ownership: Freehold
Plot Size: 25,336 sqft
BUA Area: 25,336 sqft
Saleable Area: 15,268 sqft
Height: Ground Floor
Total Retail Units: 11
Selling Price: AED 20 Million
Rental Income: AED 1.58 Million
Expenses: AED 161,000
Net Rental Income: AED 1.42 Million
ROI: 7.1%
Agency Fees: 2% of Sale Price
Transfer Charge: 4% of Sale Price
Property Highlights:
Fully Leased Commercial Retail Building: This retail building in IMPZ is fully rented, offering a reliable and consistent net rental income of AED 1.42 Million, ensuring a solid 7.1% ROI.
Prime Location: IMPZ (International Media Production Zone) is a strategic area with high demand for retail spaces, making this property an attractive investment with long-term potential.
Freehold Ownership: Available with Freehold ownership, allowing full rights to both local and international investors.
Spacious Retail Units: The building consists of 11 retail units, offering a saleable area of 15,268 sqft within a total built-up area of 25,336 sqft, ideal for commercial retail operations.
Ground Floor Height: Positioned on the ground floor, providing easy accessibility and visibility for retail businesses.
High-Return Investment: With annual rental income of AED 1.58 Million and operating expenses of AED 161,000, this property is a great choice for investors seeking stable returns in a growing business hub.
This commercial retail building offers a solid investment with immediate returns and potential for future growth, thanks to its prime location in IMPZ and fully leased status. The 7.1% ROI combined with the Freehold ownership makes it an ideal asset for investors looking to diversify their portfolio.
For more information or to arrange a viewing, please contact us today!
Floor Plan Show 3D
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