The commercial real estate is located in Istanbul, Turkey. It can be reached by entering from the TEM Highway or Basın Ekspres Highway, from the Başakşehir District Süleyman Demirel Boulevard or Atatürk Boulevard. It is possible to get off at the Siteler or Başak Konutları Metro Station, which are connected to the Bağcılar – Başakşehir Metro Line, and walk within 10 minutes. The real estates are located on 17th Street. Although 17th Street, where the subject real estate has a frontage with a vehicle road, is not a busy street, it is seen that there are not many real estates for rent/sale.
The commercial real estate consists of 7 independent sections. The land area is 15,282.72 m2. The building used as an office is Ground Floor + 3 Normal Floors + Attic Floor. The storage area is single-storey. In the building used as an office, the ceiling height of the floors is 3.5 meters, and the height of the storage area is net 10 meters. The gross ceiling height is 12 meters.
The area of the building used as a workplace, according to the title deed and building use permit, is 626 m2 ground floor, 626 m2 first normal floor, 626 + 1,278 m2 second normal floor (added), 625 m2 third normal floor and 186 m2 attic, totaling 3,967 m2 gross. The storage area has a gross indoor area of 6,315 m2. Total indoor area is 10,282 m2.
The column spacing in the storage area is 15 meters x 20 meters. The dimensions of the storage area are 41.5 meters x 153 meters. The storage area is constructed with steel construction and a space roof. There are fire, communication, security, ventilation and air conditioning systems. 2 ramps built for trucks to enter the warehouse have been canceled according to the tenant's use purpose. 26 ramps that can dock trucks are actively used.
There is a 1,000 KW generator. There are 42 open vehicle parking spaces. The floor of the warehouse is helicopter concrete and has a carrying capacity of 5 tons per m2. The workplace area is divided into 6 independent sections. The storage area is the only independent section. The total gross area of the independent sections specified in the building's title deed is 9,630 m2. The total construction area subject to the license is 10,282 m2. It was learned that the approximately 200 m2 area used as a canteen area was not registered in official documents and a building registration certificate was not obtained.
The commercial real estate has three corporate tenants who pay an amount of USD 103,000 per month excluding VAT. Thus, the commercial estate valued at 35 million USD has a return of %3,5 per annum. Beside the good return ratio, the value of the commercial estate increase and also the rent amount increase every year at a minimum rate of %3 increase.
