For sale offered a ready rent business – an office and warehouse complex in Mytishchi A payback period is 6 years

The Auction House of the Russian Federation (the AHRF) is preparing for sale the office and warehouse complex with a total area of 10.5 thousand sq. m (a leasable area is 10.1 thousand sq. m).
Currently 90% of areas are rented on a long-term basis at average market rates.

The Object located in an industrial cluster of a city Mytishchi district of Moscow Region, in the area with a good transport accessibility. The nearest transport highway – Olympic Avenue, in the distance of 3 km there is Yaroslavl Highway, in the distance of 7 km there is Moscow Ring Road (MKAD).
Address: 15, Silikatnaya Str., Mytishchi.

The complex includes administrative, warehouse and production buildings with a total area of 10.5 thousand sq. m, as well as 4 land plots with a total area of 0.7 ha (0.59 ha in ownership).

The starting price – 230 million rubles.

“In fact, this is a ready rent business. Under current indicators ( operating income and expenses, rental rates and indexing ratio and others) the payback period of a property complex will be not more than 6 years”, – comments Dmitry Altbregin, Deputy Director of the Moscow Branch Office of the AHRF. “The complex belongs to the Light Industrial segment (small warehouses). Today this segment experiences a period of a rapid growth and is of high demand among clients. In the warehouse market a share of the Light Industrial is about 25%”, – added the AHRF representative.

A development density allows a new owner to expand the warehouse complex.

For detailed information about the Object of sale please see the website of the Auction House of the Russian Federation (the AHRF)