For Sale: Two Commercial Properties in Prime Industrial Areas of Givat Shaul

Property No 1

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  • Address:  Beit Hadfus 12, Givat Shaul
  • AAA Location – Prime prime industrial & commercial area of Givat Shaul.  This property is located in Beit HaShenhav, a Class A office complex with about 30,000 sm of office and retail space.  Tenants include traffic and family courts, law and accounting firms, medical offices (kupot cholim), business offices, restaurants, cell phone service centers, and much more.  
  • Property type:  Retail with office gallery
  • Three exposures with frontage facing main thoroughfare
  • Rentable area:  830 square meter gross
  • Ceiling Heights:  6 meters
  • Very easy to subdivide into smaller retail units & 2nd floor gallery for offices
  • Occupancy:  100 square meters – new lease for 5 years with 5 year option
  • Vacancy:  730 square meters – previous occupied by Orange service center for 10 years
  • Price:  16,000,000 ILS plus VAT (including cost to build 2nd floor gallery)
  • Projected Return on Investment / Capitalization Rate upon full occupancy:  11.75%*

Beit Hadfus 12 map

Beit Hadfus 12 floor layout

*Assumes all improvements to rental space is paid by the tenant except for construction of the gallery floor

Property No 2

Givat Shaul 40

  • Address:  Rehov Givat Shaul 40, Givat Shaul, Jerusalem
  • Excellent Location – Easy access in and out of the City to major roadways
  • Property type:  Retail and Warehouse
  • Rentable area:  800 square meters according to Arnona.  Property subdivided from original 400 square meters recorded in Tabu
  • Subdivided into three spaces occupied by long term tenants
  • Price:  5,000,000 ILS plus VAT
  • Return on Investment / Capitalization Rate:  5.3%

Givat Shaul 40 map

Selling corporate entity with property assets or… property assets individually or as a package.

Agency fee of 2% of Purchase Price plus VAT applies

Listing Agent:

MJA Real Estate
JerusalemIsraelRealEstate.com
Francine Bork, Licensed Real Estate Broker
Israel:  (972) 054-7980813
USA: 347-828-7889
Email:  francine.nadav@gmail.com

or send inquiry to …

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