Brand New Full Investment Building for Lease in Al-Sahafa – 18 Licensed Apartments & Full Parking Basement

General Property Information & Legal Status: Listing Reference Number: 128 Property Type: Full Investment Building Available for Lease Location: Riyadh City - Al-Sahafa District (Prime Northern Sector) Total Land Area: 860 square meters Street & Facing Specifications: Positioned on a wide 36-meter main street with a prime East-facing orientation, ensuring outstanding commercial visibility and effortless traffic access. Property Age: Brand new (Only one month remaining for final handovers and full execution, delivered completely turnkey). Financial & Legal Status: Clear electronic title deed, 100% free of any mortgage or financial encumbrances, and ready for immediate legal transfer. Architectural Layout & Unit Distribution: The building has been engineered and constructed following the highest professional and regulatory standards, spanning 3.5 floors plus a full underground parking basement, configured as follows: Total Number of Units: 18 legally licensed and registered apartments. Unit Layout: Each individual apartment comprises 2 bedrooms, a living room, a kitchen, and 2 bathrooms, designed with a highly practical and space-optimized layout. Structural Flexibility: The interior walls and layout offer high flexibility, allowing the buyer or tenant to modify and repurpose the spaces into hotel suites or customized corporate offices according to operational requirements. Facilities, Utilities & Safety Systems: Parking Infrastructure: A massive underground basement (Qabo) fully dedicated to secure tenant parking, supplemented by dedicated outdoor front parking spaces for guests and visitors. Electricity System: Complete utility autonomy equipped with 19 independent electricity meters (1 dedicated meter per apartment + 1 dedicated meter for communal facilities and building services). Water System: A single main water meter integrated with an advanced regulatory booster and lift system properly distribution-mapped to all units. Vertical Transportation: A modern, high-speed elevator is fully installed and operational, servicing all floors including the basement level. Safety & Compliance: The building is fully compliant with modern safety codes and possesses an official, certified Civil Defense Certificate, enabling immediate issuance of commercial and operational licenses. Financial Information & Pricing Options: Annual Rental Price (Lease): 1,200,000 SAR