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Worldwide- Listing ID: 1026589
Business Center In Latvia Riga For Sale
- Riga, Rigas
- Over $5m
- Sales revenue:
- Available on request
- Cash flow:
- $500k - $2.5m
1/1
Business description
Sell business center located in Latvia, Riga.
On signed lease agreements for the office and storage space in Business centre in Riga.
Space for rent according to the project plan: 5931 sq.m
Average lease rent price per 1m² (excl. VAT) [undisclosed]
Average lease rent price per 1m² with maintenance fee (excl. VAT) [undisclosed]
Singed lease agreements: 5418 sq.m [ 91% ]
Free space to lease: 513 sq.m [ 9 % ]
Profitability rate in percentage (%): 8.05%
Return of this business center can be improved. Business center has very good infrastructural location and there is 9% free space to lease now. During last time, the lease market is growing up with little steps, and rent prices are growing up. Due to financial crisis the rate 8% is normal now, but in future return will be more than 12%.
Very good investments offer.
Please contact for more information.
Property information
- Real Estate:
- Real Property Included
are required by the Seller
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