1/2
FOR SALE
Retail, 1470 sqm, Vardaris - Lahanokipi
#60998Thessaloniki-Municipality, Thessaloniki-Municipality-Vardaris-Lahanokipi-Stathmos-Ose
1.470 sqm
2023 renovated
Property
Description of the property
FULLY LET INVESTMENT BUILDING 1,470 SQ.M. THESSALONIKI
100% LET €112,200 ANNUAL RENTAL INCOME 6.23% GROSS YIELD
An attractive fully let investment opportunity comprising a self-contained commercial building of approximately 1,470 sq.m., located in a strategic and highly commercial area of Thessaloniki, just a few kilometres from the city centre.
The property is 100% occupied and comprises retail and office accommodation, providing a stable and diversified rental income stream.
KEY FEATURES
• Total area: 1,470 sq.m.
• Self-contained commercial building
• 100% let
• Monthly rental income: €9,350
• Annual rental income: €112,200
• Gross yield: 6.23%
• Fully refurbished
• Modern office specifications
• 2 passenger lifts plus an additional accessible lift
• Excellent accessibility and visibility
• Immediate access to major road networks and public transport
• Urban bus stop located just a few metres from the property
PROPERTY LAYOUT
Basement: Retail / commercial use – 350 sq.m.
Ground Floor: Retail / commercial use – 350 sq.m.
Mezzanine: Storage area – 150 sq.m.
1st Floor: Offices – 310 sq.m.
2nd Floor: Offices – 310 sq.m.
Total: 1,470 sq.m.
TENANCY PROFILE
The entire property is currently fully let.
The two office floors have recently been leased to a major technology company on a five-year lease, while the retail accommodation benefits from a long-standing tenancy.
The property has been fully refurbished, with the office floors configured to modern corporate standards and suitable for uses including call centre operations.
INVESTMENT HIGHLIGHTS
The property represents an attractive opportunity for investors seeking a fully let commercial asset in Thessaloniki, offering immediate and stable rental income, a strong commercial location and a diversified mix of uses.
Monthly rental income: €9,350
Annual rental income: €112,200
Gross yield: 6.23%
Further information regarding the tenancy agreements, tenants and financial details is available upon request and subject to confidentiality.
100% LET €112,200 ANNUAL RENTAL INCOME 6.23% GROSS YIELD
An attractive fully let investment opportunity comprising a self-contained commercial building of approximately 1,470 sq.m., located in a strategic and highly commercial area of Thessaloniki, just a few kilometres from the city centre.
The property is 100% occupied and comprises retail and office accommodation, providing a stable and diversified rental income stream.
KEY FEATURES
• Total area: 1,470 sq.m.
• Self-contained commercial building
• 100% let
• Monthly rental income: €9,350
• Annual rental income: €112,200
• Gross yield: 6.23%
• Fully refurbished
• Modern office specifications
• 2 passenger lifts plus an additional accessible lift
• Excellent accessibility and visibility
• Immediate access to major road networks and public transport
• Urban bus stop located just a few metres from the property
PROPERTY LAYOUT
Basement: Retail / commercial use – 350 sq.m.
Ground Floor: Retail / commercial use – 350 sq.m.
Mezzanine: Storage area – 150 sq.m.
1st Floor: Offices – 310 sq.m.
2nd Floor: Offices – 310 sq.m.
Total: 1,470 sq.m.
TENANCY PROFILE
The entire property is currently fully let.
The two office floors have recently been leased to a major technology company on a five-year lease, while the retail accommodation benefits from a long-standing tenancy.
The property has been fully refurbished, with the office floors configured to modern corporate standards and suitable for uses including call centre operations.
INVESTMENT HIGHLIGHTS
The property represents an attractive opportunity for investors seeking a fully let commercial asset in Thessaloniki, offering immediate and stable rental income, a strong commercial location and a diversified mix of uses.
Monthly rental income: €9,350
Annual rental income: €112,200
Gross yield: 6.23%
Further information regarding the tenancy agreements, tenants and financial details is available upon request and subject to confidentiality.
Extra information
GENERAL
Completion status
Completed
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Useful information
Proximity
Subway station - Aretsoú
8km
26m drive
Airport - Taxi24 Airport Transfer Thessaloniki Mercedes-benz e class
768m
8m drive
17m PT
17m walk
Port - Thessaloniki Ferry port
1km
6m drive
19m PT
28m walk
Beach - Riviera Virgin Beach
21km
56m drive
Park - Gym Park - Calisthenics
389m
3m drive
11m walk
Points of interest