Complex for sale in Riyadh Al Aziziyah





§35,000,000
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Financing options**exceptional investment opportunity** for sale: a large commercial complex with sustainable returns and escalating cash flows under a long-term lease agreement. **strategic location** - **city:** riyadh - **district:** al-dar al-baydaa - **street:** al-haer road, 40 meters wide - **features:** a prime location on a major road in a high-density residential area, ensuring continuous commercial activity. **property details & areas** - **total land area:** 11,310 square meters - **building condition:** brand new, minimizing operational maintenance costs - **complex components:** - a main hall of approximately 10,000 square meters, suitable for exhibitions or large retail markets - 24 commercial shops **investment return details** the complex is fully leased under a long-term contract with periodic rental increases: - **first 5 years:** sar 2,000,000 annually - **following 15 years:** sar 2,500,000 annually - **final 5 years:** sar 3,000,000 annually **investment highlights** - stable income through a long-term lease, eliminating the hassle of annual tenant searches - escalating return growth providing inflation protection - high-value real estate asset exceeding 11,000 square meters - diverse facilities offering high operational flexibility **current asking price: sar 31,000,000**
Listing Details
Street direction
East
Property Type
Residential
Street width
15m
Age
New
Area
5,220m²
Advertiser Info
مؤسسة مكتب مدار التميز للعقارات
4.82 Review
Al Aziziyah info
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