Office Building

Athens City Centre

Key Characteristics

Use

Size

Annual rental income

Estimated achievable yield

Asking Price

Office

: 5000 sq.m.

: 1.000.000 Euros

: 8%

Upon request

Details

This newly constructed building is located in the city center of Athens, outside the restricted traffic zone and within walking distance from the metro station. The property has a total surface of 5.000 m² and consists of three underground floors,  ground floor and seven floors above ground. The building features retail stores, Office areas and meeting rooms and is served by 70 parking spaces. The building is fully leased to 7 tenants. The main tenant is a Multinational corporation and have covered the 80% of the building  and the leasing period  is fixed for 5 years more.  The annual rental income is at the level of 1.000.000 Euros.

Notes

  • Strong tenant
  • CBD location
  • Very unlikely to relocate
  • New construction

Location

The building is located in the centre of Athens and on one of the main city boulevards. The region is a central business district and many big corporations and institutions located near by. Highly visible property with very easy access.

Office Building – Athens City Centre