Land for Rent in Riyadh Ar Rimal

§2,975,000/annually
**a distinguished real estate investment opportunity – strategic land in al rimal district, riyadh.** a premium investment opportunity is being offered on strategically located land in al rimal district, situated on a vital road connecting ath thumamah road and al janadriyah road, in close proximity to riyadh's most prominent upcoming projects, foremost among them expo 2030, king salman international airport, and fursan district. **location highlights:** • an area experiencing rapid urban growth and increasing demand. • direct frontage on a main street exceeding 200 meters in length. • located on two streets, one of which is al daw street with a width of 60 meters. **land details:** • total area: 17,442 m² • the land is divided into four independent investment plots: - plot no. 16: 4,289 m² - plot no. 17: 4,056 m² - plot no. 18: 3,824 m² - plot no. 19: 5,262 m² **contract duration:** 20 years, including one free year designated for construction and development works. **contracting flexibility:** • option to lease the entire land under preferential terms • or lease each plot independently at differential pricing based on area and location **financial indicators:** professional, precise, and conservative financial studies have been prepared, indicating that the capital payback period does not exceed two and a half years, with distinctive and stable cash flows and rewarding operational returns throughout the contract duration. **investment summary:** this opportunity represents a comprehensive combination of locational strength, development flexibility, and rapid capital turnover, making it one of the rare, highly attractive opportunities in the real estate market. https://maps.app.goo.gl/e5jy7mm2tmmb9kgh6 for contact: 0555999784 0507029996
Listing Details
Street direction
4 Streets
Property Type
Commercial
Street width
20m
Area
17,500m²
Meter price
§170
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