MODERN A CLASS WAREHOUSECLASS WAREHOUSE

For Sale

MODERN A CLASS WAREHOUSE

Property Address:

Property ID: 28

Panevezys, Lithuania, Lithuania

Description:

Newly built logistic and retail property of high technical standards in E67 Business Park.

Features

  • Exceptional location near Panevezys on a major European motorway VIA BALTICA and Riga - Vilnius highway A2 intersection.
  • Attractive neighborhood within the E67 Business Park, including Mercedes-Benz dealership (Silber-Auto), petrol station, etc.
  • Ideal location for logistics purposes, serving as the central distribution point for both Lithuania and Latvia.
  • The whole Property is leased to a single tenant – Ermitazas UAB.
  • Ermitazas UAB – is one of the largest DIY type retailers in Lithuania, which belongs to Maxima group.

Specifications

Site Area 71,6440 sqm
Gross Area 28,597 sqm
Warehouse area Column grid: 30x6m, Clear height: 11,87m, Lighting: 300 lux, Number of Gates: 17 (16,217 sqm)
Office area Number of floors: 3, Lighting: 900 lux (5,977 sqm)
Retail Area Number of floors: 1, Lighting: 900 lux (6,403 sqm)

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
Ermitazas UAB 15 years from 12/2008 €1,490,000

For further details contact:

  • Laurynas Zilys
  • Vilnius Office
  • +370 5249 1212
  • +370 6102 9328

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