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5800 SQM Warehouses for Sale in Al Mishael Dist., Riyadh - Dwelleo | Dwelleo
Ref 7575745767
5800 SQM Warehouses for Sale in Al Mishael Dist., Riyadh
Al Mishael Dist., Riyadh
Price
SAR13,342,001
2,300SARper m²
Property Description
A prime investment opportunity to acquire income-generating warehouses in Al Mashael – Al Juhaimi, East Riyadh. The property sits on a total land area of over 5,800 SQM and is currently leased under a long-term contract with a company.
Property Details
Property Type: Warehouses for Sale
District: Al Mashael – Al Juhaimi, East Riyadh
Master Plan No.: 3265
Plot Numbers: 502 & 504
Street: 25 m East
Total Land Area: 5,800.87 SQM
Asking Bid: SAR 2,300 per SQM
Listing No.: 2556
Ownership Details
One old title deed covering both plots.
Two real estate registration records.
Warehouse Specifications
Side height: 8 m.
Center height: 10 m.
Investment Highlights
The warehouses are currently leased.
Annual rental income: SAR 1,000,000, excluding VAT.
Lease term: 5 years.
Tenant: Company.
Excellent opportunity for an investor seeking an existing rental income stream.
