Building in central/north area of Bucharest with long lease to well known retail tenants.
Income 720.000 Euro/yearly.
Its privileged position, the opening to Mihalache Bld., its easy access -by both public and private transportation- and the excellent commercial exposure are all main advantages, leading to a successful commercial center, fully occupied.
Surface:
Land Area: 994.73 sq m (comprising multiple surfaces of land, assigned by the City Hall, for a period of 49 years, with 25 years extension possibility)
Total surface: 2.545 sq m, distributed in:
Ground Floor: 945 sq m
1st Floor: 800 sq m
2nd Floor: 800 sq m
Parking: 200 places above the ground parking area, which can be taken under administration
Main tenants:
Ground Floor: Mega Image (20 years contract, 745 sq m, 3.6% turn over monthly rent, but not less than 28 Euro/sq m, option to extend over the 1stfloor), Cris Tim, Homeo Farm and other small retailers.
1st Floor: Multiple small retailers
2nd Floor: Blueshield (Gym)- 15 years contract, 750 sq m
