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Commercial property 10 812 m² in Riga, Latvia

Latvia, Riga
$3,96M
$366/m²
;
Commercial property 10 812 m² in Riga, Latvia
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Address Address
Params Params
Description Description
Media Media
ID: 600185
Property ID on Realting
Last update: 07/09/2022

Location

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  • Country
    Latvia
  • State
    Vidzeme
  • City
    Riga

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $366/m²
  • Total area
    Total area
    10 812 m²

Investment params

  • Yield per year
    Yield per year
    6%

Description

Logistics complex in RigaLogistic complex with a total area of 10 812 m2, including: - storage facilities - 9842 m2 and- office rooms - 970 m2Land area of 22 311 m2Convenient location in the city.The complex was leased to 5 tenants.Average rental 3.20 EURO for 1 m2 of buildingActual occupancy ≈ 80 %Existing net cash flow ≈ 250,000 EURO per yearProfitability 6.5 %

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Latvia, Riga
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Commercial property 10 812 m² in Riga, Latvia
Latvia, Riga
$3,96M
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