AUGUST AUCTION | Warehouse | Subasta
Industrial Block - Triple Net Lease (AAA) - On Auction 22 August
ON AUCTION 22 AUGUST - INDUSTRIAL BLOCK - TRIPLE NET LEASE (AAA)
The subject property is an industrial block comprising of seven neat, well maintained industrial properties which have a triple net head-lease over the entire block. The property is further sublet to three different tenants.
The seven properties have been immaculately maintained with new roofing and flooring.
The head lease was a 10 year lease which is only expiring in August 2027.
This is a must buy property for investors looking for a strong yield!
Key Features - Entire industrial block - Triple net head lease - GLA: ± 4 116m² - ERF: ± 8 565m² - NAI: ± R2.7M