Exclusive insvestment opportunity

A - class technical standard building located in very central residential-office area Mežaparks, 20 minutes driving to city center. The building is commissioned in 2019 and placed in three floors with 24/7 security, underground parking for 58 cars and 38 on ground parking. Diverse mix of tenants: international companies 3M, IT company, NCH Capital, ForteMed medical services and children day care center Lauminas Residence. The return on the property is 8%.
Four Air Handling Units. Efficient Ventilation (with heat recovery) and AC systems. Natural gas with gas boiler house. Building Management System controls and monitors heating, ventilation, cooling systems and associated back-up systems. The BMS is routed to a front-end PC located in the building management suite. Optical cable. CAT 6 cable in office area. WLAN.
Tenants are established businesses of IT, medical, real estate industries, plus – 3M (Fortune
500 company) and a kindergarten (expanding); all have made investments in fit-outs/are
motivated to stay here long-term. All leases may be inflation-adjusted if the building-owner so desires. We have not increased lease rates yet. Building location: a mature upper-income residential neighborhood of Riga – Mezaparks (was one of the first garden communities in Europe, dating to the early 20th century). A good network of roads and parks surrounds the property, with nearby recreational amenities (including public swimming pools, gyms, a golf course, and the beaches of the Baltic seashore), a supermarket, an upscale shopping center, and a tramline to downtown Riga.