Office Building in Dublin for Sale, Lease Agreements End 2025-2030, Freehold
Property type: office building
Purchase of established rental business
Tenure: freehold
Location: Northside of Dublin, Ireland
Construction date: 1999
Technical condition:
∙ building is in excellent condition (undergone an extensive refurbishment recently)
Building size: ca. 3,200 m2
Car parking facilities: 75 spaces
Number of tenants: 5
Occupancy: 100%
Lease Agreements end: 2025-2030
∙ WAULT of 5.3 years to the earliest break option
∙ Possibility of renewal: YES
∙ Rent Review: YES
Purchase price: 13,220,000 euro
(+ closing costs)
Rental Income: 935,600 euro per annum
(+ indexation linked to inflation)
Yield: 7.1%