Logistics centre

Total Area: 39'428 sq.m
Usage Type: Industrial area
Total Building Area: 12,000 sq.m, including 600 sq.m of office space on the 2nd floor
Paved Area: Partially unused, including a plot with direct access to Rankas Street
Railway Siding: Currently in active use
Occupancy and Key Financial Indicators

Current Occupancy Level: 60%
Rental Rate: 2-3 EUR/sq.m
Current Yield: 7.9%; fully leased - 15.87%
Sale Price: EUR 3,000,000 (EUR 250/sq.m)
The property consists of a high-quality industrial plot with several single-level warehouse buildings and some office space on one floor. It is located in one of Riga's main industrial centers. The site is easily accessible by public and private transport, as well as by rail, providing a unique offering for many tenants. All major utilities are available on the site with the possibility to expand them if necessary. The property is partially improved and renovated, with great potential for successful industrial park development.