Commercial Building fully leased in Brazil

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Property Description

Commercial building 100% occupied by the largest home improvement chain located in Latin America. Currently leased for 30 years and in the second year of that lease with another 30 year option available. The lot is 24,538 square meters (264,124 square feet) and the building measures 14,500 square meters (156,067 square feet). The construction consists of precast concrete with 39 foot ceilings, thermal roof protection, central air conditioning and natural illumination. Monthly rent: $122,000 US; Cap rate: 8%

About the Property

Type:
Office
Building Status:
Established
Facilities:
The lot is 24,538 square meters (264,124 square feet) and the building measures 14,500 square meters (156,067 square feet).
Location Description:
Located in commercial building. Occupied by the largest home improvement chain in Latin America.
Current and Prior Use:
Commercial building 100% occupied by the largest home improvement chain in Latin America.
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Listing Info

ID:
1313586
Ad Detail Views:
89
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Asking Price:
$18,200,000

Gross Revenue:
$1,500,000
Net Operating Income:
$1,400,000
FF&E:
 Not Disclosed
included in asking price

Building Sq. Ft.:
156067.00
Price/Sq. Ft.:
 Not Disclosed
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Property Listed by

Capital Business Solutions

CAPITAL BUSINESS SOLUTIONS

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