Description
CRC is pleased to offer this free-standing property for sale in JAFZA, a fully commercial building in a huge plot. Excellent branding opportunity, gated with drop-off roundabout inside the compound. Well-planned parking facility, loading and unloading bay, and security rooms.
The main building is G + M designed for office use, with huge reception, meetings rooms, managers rooms,distribution section, storage facility, nicely fitted pantries, lunchroom, ladies and gents toilets, a middle atrium for waiting guests, and a huge open plot that can accommodate further construction.
Plot size is 10,000 sq meter (100,000 sq ft)
The current rent is AED 100,000 per year (200% increase will be applied on land lease renewal)
Land lease is for 20 years renewable (current lease is expiring in 2022)
Built-Up area is 2084 sq meters (22,425 sq ft) consisting of 12,567 sq ft Ground Floor, 7,597 sq ft Mezzanine Floor & Warehouse space of 2862 sq ft.
Only 20.84% of the total land is occupied. The rest of the plot is open for new construction.
Minor renovation in the reception is required.