Building for Rent in Riyadh Al Jaradiyah

residential investment building available for lease assignment (taqbeel) in al-juradiyyah neighborhood, south riyadh, with a strategic location and comprehensive services in the area. it is located near the metro station, al-suwaidi park, and al-qasr mall, surrounded by main roads that provide easy access, in addition to nearby markets, public facilities, and parks. area: 200 m² number of units: 6 apartments, most with a majlis + 3 bedrooms, and one apartment with 2 bedrooms + a living room age: approximately 10 years condition: renovated current rental: current rent: sar 130,000 per year company contract ends: in approximately one month payment regularity: regular original contract term: 10 years remaining term: approximately 8 years and 2 months base rent: sar 60,000 per year payment method: two installments periodic increase: none lease assignment allowed: yes subleasing: permitted owner's approval: no objection lease assignment fee options: option 1: sar 250,000 if the assignment right is transferred without commitment to an investment contract covering the entire term, with the investor taking over the operation and investment of the property after the current contract ends. option 2: sar 300,000 if the current tenant's contract continues at sar 130,000 per year until it ends, with a commitment to an investment contract afterward for a period of 8 years. prime location and investment value a clear difference between the rent paid to the owner (sar 60,000) and the current tenant's rent (sar 130,000). a long remaining contract term (more than 8 years) with no periodic increase on the base rent. subleasing is permitted, and the owner has no objection. close to services and transportation, with easy access.