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One Grand Parade , Dublin 6

€23,000,000 - Asking Price For Sale 2,900 sqm approx

Description

Prime Office Investment Opportunity

• Prime Grade A Office investment opportunity

• Extending to approximately 2,929.60 sq m (31,534 sq ft) net internal area with 15 basement car parking spaces

• 100% occupied and multi let to Zendesk international, Oasis Global Management and Embassy of the State of Kuwait

• Passing rent of €1,031,808 per annum with immediate

reversionary uplift potential

• Current rents receivable range from €26.00 per sq ft to €52.50 per sq ft

• WAULT of approximately 3 years

• BER No. 800042301

• Tenants not affected

Offers sought in excess of €23,000,000 which equates to a Net Initial Yield of 4.29% assuming standard purchasers costs of 4.46% and a capital value per sq ft of €730.

There is potential for immediate uplift on the settlement of the outstanding Oasis rent review.

Website & Dataroom available at www.onegrandparade.com

BER Information

  • Rating: BER B3
  • Number: 800042301
  • Energy Performance Indicator: 271.34 kwh/sq m/yr

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BER C2 Rating