Warehouse for sale

Sale & leaseback | 7% GY | SME site in Antwerp

Sale & Leaseback | 7% GY | SME Site with Potential
Discrete Investment Opportunity – Mortsel

Discreetly marketed sale & leaseback investment opportunity in Mortsel. The current owner-occupier intends to sell the property and subsequently continue its operations on the site under a long-term lease agreement.

The transaction is part of a strategy to release capital in support of the company’s continued growth.

With an annual base rent of €90,000 and an asking price of €1,300,000, the investment offers an attractive gross initial yield (GIY) of 7%.

Investment profile

Asking price: €1,300,000
Annual base rent: €90,000
Gross initial yield: 7%
Structure: sale & leaseback
Possibility to enter into a long-term lease agreement
Immediate rental income from completion
Established and growing company as tenant

Property

The business site is located at IJzerenweglei 2H, 2640 Mortsel and comprises several interconnected commercial buildings and land parcels.

Total site area: approx. 3,687 m²
Built commercial/industrial area: approx. 2,994 m²
Outdoor area: approx. 693 m²
Various warehouse, storage and production areas
Clear heights ranging from approx. 4.5 to 7 metres
Suitable for production, storage and related business activities

Tenant

The current occupier of the site. It is an established and growing company that intends to continue its operations at this location following the sale.

The possibility of entering into a long-term lease agreement immediately upon completion provides the future owner with a predictable and stable income stream.

Long-term potential

In addition to the immediate investment return, the site benefits from an attractive strategic land position within an SME/business zone.

In the longer term, the property offers potential for redevelopment into a modern SME business park, subject to the applicable planning regulations and obtaining the required permits.