Office Space
Strovolos, Nicosia
Key Characteristics
Use
Size
Annual Rental Income
Estimated achievable yield
Asking Price
: Office
: 2197 sq.m.
: 355.800 Euros
: 3,5%
: Upon request
Property details
Top 3 floors (4th, 5th, 6th). The office space consists of the 3 upper floors of a landmark buildiang in the heart of Nicosia. The total surface of floors is 2198 and is fully leased to 6 strong tenants. The floors layout and occupancies has as follows:
Floor Office No Site in sq.m. Yearly Rent Tenancy Term Tenant
4th 401 521 81120 8
4th 402 250 46500 5 Pharmaceutical Company
5th 501 265 30000 6 International Company A
5th 502 185 34800 6 International Company A
5th 503 321 60000 6 International Company A
6th 601 375 66000 8 International Company B
6th 602 180 26800 6 International Company C
6th 603 100 19200 2 Multinational
Notes
- Strong tenants
- Very unlikely to relocate
- Excellent construction works and finishes (raised floor, HVAC, ventilation, partitions, structured cabling
- Competitive rent/sq.m. allowing higher future returns
Office Space – Strovolos, Nicosia