Offices for sale

FOR INVESTMENT - DIRECT FROM THE OWNER

ORION - Freehold stand-alone office building of 5,605 m² located in the green Astra Gardens business park in Zaventem. The 839m² basement is available for rent.
The entire ground floor (1,145m²) is let to 2 tenants. A tenant occupies 684m² + 8 indoor and 5 outdoor park. Initial lease term: 8/11/14 years. Annual rent: €57,101.
The other tenant occupies 461m² + 4 indoor park. Initial lease term: 6/9. Annual rent: €27,857.
A single tenant occupies : (Lease 1) 464m² on the 1st fl. + 10 indoor-, 1 outdoor park. and 1 archive of 77m². Initial lease term: 6/9. Annual rent: €41,934. (Lease 2) : 640m² on the 2nd fl. and the entire 3rd fl.(1,232 m²) + 34 inside, 3 outside pkg and 3 arch.(37 m², 21 m² and 18 m²). Initial lease term: 5/9. Annual rent:€197,220.
Rental income: €527.259(current indexed rental income = €324,112/y – excl.charges+expected rental on vacant=€203,147/y).
100 park. (85 in and 15 out). Gross yield: 10,55%. EPB X (undefined) - 396 kWhprim/m²/year.

For more information, please contact Steven Sagman on 0470 10.48.41 or by email ([email protected]).