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Office Building For Sale - Bucharest, Obor Area
Location: Romania -> Bucharest
Industry: Real Estate > Commercial and Residential Real Estate Brokers

Business Summary

The building office for sale is central located in the 2nd District of Bucharest within Obor Square Area at 3 minutes far by walk to Obor Shopping Area. The location is characterized by excellent access from any other part of the city, being crossed by ones of the most important roads of Bucharest: Mihai Bravu Blvd, Calea Mosilor, Sos. Colentina and Stefan cel Mare Blvd.
The Obor Square Area is reputed for its tradition in commercial gross market. There is concentrated a significant retail activity considered as representative for Bucharest. The area hosts the City Hall of 2nd Districtand few other representative business centers for 2nd District.

- GLA - 1,250 m;
- Building structure: U + GF + 5 Floors (open spaces)
- All facilities included (communication systems, internet network, security systems, air conditioning, centralized heating system, modern elevator -1m/s speed, etc);
- 10 parking spots underground;
- 7 parking spots outside;
- Direct access to public transportation lines;

- The building is totally rented with lease contracts in progress until 2013;
- The tenants are private companies acting in different fields of industry as financial services, banking, consultancy, management, etc.
- The related land of the building raised on it is subject of a concession contract with the municipality for a monthly amount of EUR 1,500/month.
- The cost utilities are settled on an extra charge base and its are entirely supported by tenants;

GLA: 1,250 m

Monthly rent: Euro 20,000

Asking Price: Euro 2,450,000

Broker: Mr. Adrian Stirbu
Email or Phone: +40723226200


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $240,000
Cash Flow:   $240,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.


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Office Building For Sale - Bucharest, Obor Area Photo 1 Office Building For Sale - Bucharest, Obor Area Photo 2 Office Building For Sale - Bucharest, Obor Area Photo 3

Print Listing Id: 700122371
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