Mixed-use building for sale

SALE & LEASEBACK | ±2,994 m² INDUSTRIAL SPACE | ±3,687 m² SITE | GROSS INITIAL YIELD ±7% | MORTSEL

Investment opportunity offering rental income from completion of the acquisition, an established occupier and a gross initial yield of approximately 7%.

Located at IJzerenweglei 2H in Mortsel, this industrial property is offered under a sale & leaseback structure. The current owner-occupier is selling the property and intends to continue its business operations at the site as a tenant.

A long-term lease agreement can be concluded as part of the transaction. Based on an asking price of €1,300,000 and an annual base rent of €90,000, the property offers a gross initial yield of approximately 7%.

INVESTMENT HIGHLIGHTS

• Asking price: €1,300,000
• Annual base rent: €90,000
• Gross initial yield: approx. 7%
• Total site area: approx. 3,687 m²
• Industrial space: approx. 2,994 m²
• External yard: approx. 693 m²
• Transaction structure: sale & leaseback
• Occupier: current owner-occupier
• Lease: possibility of a long-term lease agreement

THE PROPERTY

The property comprises several interconnected industrial buildings incorporating warehouse, storage and production areas. Clear heights range from approximately 4.5 to 7 metres.

The combination of substantial industrial space, functional external areas and an established occupier makes the property suitable as an income-producing investment.

The current occupier intends to continue its activities at the site. The purchaser can therefore acquire the property with a defined lease structure and recurring rental income from the acquisition.

ADDITIONAL LAND POSITION

The property benefits from a total site area of approximately 3,687 m², providing an attractive underlying land position.

In the longer term, this may offer opportunities for optimisation, reconfiguration or potential redevelopment, always subject to the applicable planning regulations, zoning and permits.

This potential is not the basis of the investment case. The core proposition is straightforward:

you acquire an existing industrial property with an established occupier and a gross initial yield of approximately 7%.

ASKING PRICE: €1,300,000

INTERESTED?

Contact Allten for further information, full investment details or to arrange a site visit.

03 304 06 00
Allten