30.05.2018

For sale offered a former Sberbank office in Volgograd With an anchor tenant

On 27th June, 2018 the Auction House of the Russian Federation (AHRF) scheduled biddings for the sale of a four-storey building with an area of 4 thousand sq. m for commercial use, for example, for placing office, medical or trading centres.
The Object is located in Kirovskiy District of the city, at the intersection of Kirov Street and 64 Army Street. In walking distance there are public transport stops, as well as railway stations – Named after Nikolay Rudnev and Gornaya Polyana (Mountain Meadow).
Address: 44, 64 Army Str., Volgograd.

Earlier all areas of the building were occupied by Sberbank office. After sale contract making Sberbank will remain as a tenant of the first (681.04 sq. m) floor and part of the third floor (84.9 sq. m). A rent contract will be concluded for 10 years by rates on the first floor – 386.25 rubles per 1 sq. m, on the third floor – 330 rubles per 1 sq. m (annual rent income will be almost 3.5 million rubles).
MINIMUM price – 56.2 million rubles.

The building is in good condition, recently a redecoration of interior rooms was carried out. In 2009 an overhaul with strengthening of bearing structures was carried out.
On the adjacent territories there is a large parking for 100 car spaces.

“Availability of the anchor tenant will allow an investor cutting costs for building maintenance until the moment when he adapt free areas. Taking into consideration, that the building is located in a place with high passability, it will be not difficult to fill up the rest areas. In this case, even taking into consideration minimum rent rates, a payback period of the Object will be not more than 5 years”, – comments Natalya Kharlanova, Head of Separate Subdivision of the AHRF in Samara.

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