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Investment Grade Property in Vyronas
Commercial space
Vyronas-Kareas
1.142,3m²
950.000€
LP3143
A four-level, high-profile commercial investment property with a total area of 1,142.30 sq.m. is offered for sale on a prime 969 sq.m. plot on Karea Avenue (Ellinon Axiomatikon) in Vyronas.
The property is one of the safest investment options on the market, as it is fully leased to the official representative of a multinational car manufacturer with a strong contract that expires in 2036.
Financial Data & Yield
Current Rent: €5,500+ / month.
Annual Adjustment: +1% fixed each year, ensuring yield protection.
Gross Yield: 7.37%.
Building Structure
The property is built to specifications that cover the entire range of activities of a modern dealership:
Basement 1 (367 sq.m.): Fully equipped workshop and technical support area.
Basement 2 (381.50 sq.m.): Storage areas, spare parts, facilities.
Ground floor (287.50 sq.m.): Impressive car showroom and sales area with large facade.
Mezzanine (106.30 sq.m.): Modern office and administration spaces.
Strategic Location
The property is located in a high-profile commercial area on Karea Avenue, with easy access and high traffic flow, making it a landmark for the area.
It is an asset that offers immediate cash flow, one of the most reliable tenants worldwide, and a guaranteed lease term for the next decade.
Living/Net area
1.142,3m²
Built/Rennovation
2006
Bedrooms
-
Parking
v
Baths/WC
-
Storeroom
v
Floor level/levels
-1/0/+0/1
Position type
Transparent
Location
Vyronas-Kareas
Ellinon Axiomatikon 33, Vironas 162 33, Greece
Wider Center
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