United Arab Emirates
For sale 11 commercial spaces with parking spaces with tenant in the central Business Bay area. Building overlooking the canal and Burj Khalifa by leading developer Dubai-Damac. Lobby with reception, fast elevators, 24/7 security.
Tenant: Cloud Kitchen delivery restaurants. Lease contract term: 15 years, tenant is willing to sign a longer term agreement
Contract terms: 3% increase every 3rd year
Current rental rate: 1.896.137 AED/year (516.658USD). Payback period: 13 years