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High Visibility | Commercial Space | Flex Terms
Property Overview:
Location: Motor City, Dubai – A prime, high-traffic area known for its vibrant community and excellent accessibility.
Total Commercial Space: 13,000 sq ft of original space, with an additional 11,200 sq ft expansion space available, bringing the total leasable area to approximately 24,200 sq ft.
Expansion Details: The additional 11,200 sq ft is available at no additional rent; however, the tenant will be responsible for construction and fit-out costs. Negotiations between the tenant and landlord may include a grace period of free rent and reduced rental rates during the first year to offset these expenses.
Key Selling Points: Prime visibility, excellent accessibility, ample parking, and a well-established community with high foot traffic, making it ideal for premium brands.
Incentive Structure for Expansion Space:
Grace Period: A negotiable grace period of up to 6 months of free rent to allow tenants to cover the expansion's initial construction and fit-out costs.
Reduced First-Year Rent: There is potential for lower rent during the first year to help offset construction expenses, making the expansion financially attractive.
Tenant Contribution: The tenant is responsible for the additional 11,200 sq ft construction costs, allowing them to customize the space according to their operational requirements.
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: salma.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:67139318176
Location: Motor City, Dubai – A prime, high-traffic area known for its vibrant community and excellent accessibility.
Total Commercial Space: 13,000 sq ft of original space, with an additional 11,200 sq ft expansion space available, bringing the total leasable area to approximately 24,200 sq ft.
Expansion Details: The additional 11,200 sq ft is available at no additional rent; however, the tenant will be responsible for construction and fit-out costs. Negotiations between the tenant and landlord may include a grace period of free rent and reduced rental rates during the first year to offset these expenses.
Key Selling Points: Prime visibility, excellent accessibility, ample parking, and a well-established community with high foot traffic, making it ideal for premium brands.
Incentive Structure for Expansion Space:
Grace Period: A negotiable grace period of up to 6 months of free rent to allow tenants to cover the expansion's initial construction and fit-out costs.
Reduced First-Year Rent: There is potential for lower rent during the first year to help offset construction expenses, making the expansion financially attractive.
Tenant Contribution: The tenant is responsible for the additional 11,200 sq ft construction costs, allowing them to customize the space according to their operational requirements.
♣
fam Properties
Contact Us -
Toll free: 800fam
Email: salma.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:67139318176
Property Information
- TypeCommercial Building
- PurposeFor Rent
- Reference no.Bayut - B-CR-117493
- Added on22 November 2024
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Salma Madfouni
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