Latest Property Investment; High Yielding office and retail building in Acharnes

Latest Property Investment; High Yielding office and retail building in Acharnes

ICI REIC is happy to announce the acquisition of another investment property, located at the junction of Kimis Avenue and Eptalofou Street, directly opposite the Olympic Village, in the municipality of Acharnes and in close proximity to the Kaliftaki junction with the National Highway.The modern, independent office and retail building comprises of 7 ground floor retail units with a total floor area of 1.200 sq.m.; 2 floors of office space with a total floor space of 2.350 sq.m.; and a 400 sq.m. basement. Furthermore, the property includes 52 open air parking spaces.

72% of the income is derived from the Greek National Health System (IKA – PEDY) which leases the office space and houses their local administrative offices and clinic. In addition, the retail space is leased to a number of local businesses, including a restaurant, cafe, optical store, diagnostic center and pharmacy. The purchase price was €3.285mn.

2017-04-24T13:33:40+00:00 December 1, 2014|