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Storage 3 756 m² Malmi, Helsinki

Storage property 0 Floors

Address
Kankiraudantie 1
00700 Helsinki
Area
3 756 m² GLA
4 500 m² GBA
Built
1973
Property identifier
91-38-174-1

Leasehold lot

Building rights
6 550 m² Unused building rights
Plan symbol
KTY

6 Tenants

Occupancy rate
45 %
Lease maturity
0,4 years
Indicative price
2 700 000,00 €
NOI
-14 340,08 €/ year
Initial yield
-0,5 %

Location

City
Helsinki Greater_helsinki
District
Malmi
Distance to CBD
10,4 km

Space types

GLA m² Avg. rent rates
€/m²/month
Retail 80 11,88
Other 61 6,61
Residential 45 8,89
Storage 3 570 3,81
total 3 756 6,28
Parking spaces
Total no. of spaces Leased spaces Rent €/space/month Income at current use €/year
Outdoor 74 74 12,18 10 815,84
total 74 74 10 815,84

Lease agreements

Tenants GLA m² Rent €/year
Until further notice 6 1 691 184 144,08
Vacant - 2 065 -
total 6 3 756 184 144,08
% (m²)
Until further notice
45 %
Vacant
55 %
% (€/y)
Until further notice
100 %
Leased (m²) 45 %
Vacant (m²) 55 %
Lease maturity 0,4 years
Rent M€/year

Information that requires an NDA

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  • Tenants and their credit ratings
  • Rent roll
  • Operating expenses breakdown
  • Renovation expense plan
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Valuation

Lease income
Spaces 184 144,08 €/year
Maintenance charges 0,00 €/year
Parking spaces 10 815,84 €/year
Total income 194 959,92 €/year
Operating expenses 209 300,00 €/year
Renovation expenses 0,00 €/year
Total expenses 209 300,00 €/year
NOI -14 340,08 €/year
Initial yield -0,5 %
Property value 2 700 000,00
Unused building rights 6 550,00
Building rights value 0,00
Total price 2 700 000,00

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