Rented Commercial Property for Sale in Dubai, United Arab Emirates
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 900 thousand|
|Run Rate Sales||USD 900 thousand|
|EBITDA Margin||40 %|
|Industries||Warehouse Property + 1 more|
|Local Time||4:53 PM Asia / Dubai|
|Listed By||Management Member|
- Our company is seeking to sell a warehouse located in the Jebel Ali Freezone, Dubai, UAE.
- We have built, owned, rented out, and sold 14 warehouses over the last 15 years in Jafza, Dubai.
- Currently, our company has rented the entire warehouse to a UAE and USA-based logistics company that is bringing a new solution of blockchain logistics to the UAE.
- The lease period with the new client will commence this year and will expire after 10 years. The lease can be renewed after the expiration at the discretion of the new owner.
- The client will pay an annual rent of AED 3.4 million in the form of quarterly payments. An increase of 5 percent in the annual rent will be imposed every 2 years as per the rental agreement.
- Our company is willing to sell the entire warehouse at a discounted price to expedite the transaction.
We are seeking to sell a warehouse.
Physical assets include:
- Built-up area of the warehouse and office.
- Complete interior furnishing.
- The warehouse is built on a company leased plot spread across 155,083 sq. ft.
- The built-up area of the warehouse is 95,798 sq. ft.
1 week, 6 days agoDirector, Wholesale Telecommunications, Dubai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysDirector/COO, Manufacturing, Colombo, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysManager, Heavy Equipment Dealers, Dubai, Individual Investor / Buyer connected with the Business