A large commercial object in the center of Volgograd was sold on behalf of NIC EES JSC

The Auction House of the Russian Federation (AHRF) held auctions on behalf of NIC EES JSC, a subsidiary of Rosseti PJSC, on December 27.
Three premises with a total area of 5.7 thousand sq.m. were offered for sale in a four-storey class C business center in Volgograd.
Address: 22 Akademicheskaya Street, Volgograd.
The sale price is 95 million rub.
Buyer is an individual.
Business center is located in the business center of the city, 10 minutes from the Profsoyuznaya metro station. The nearest surroundings are objects of residential and social and business development.
At present more than 70% of the area is leased out. The annual rental income is about 21 million rub.
The premises are in good condition, there are all necessary engineering communications. There is a separate entrance from the street. In the yard of the building there is a common parking lot.
«We are very satisfied with this sale. The sale of such a large rental property is evidence that the Volgograd real estate market is active, that there is money in it and it is attractive in terms of investment. For us in this transaction it is especially encouraging that the object was purchased by local, Volgograd investors. Local entrepreneurs invest money in commercial real estate. This is the best news for the local market on the eve of the New Year!» - says Natalia Harlanova, director of the Volga Branch of the AHRF.