Industrial units with state tenants in situ for €11m
Three units in Airways Industrial Estate, Dublin 17, have 62 per cent of income from government agencies, plus reversionary potentials
JLL is handling the sale of three industrial units in the Airways Industrial Estate in Dublin 17 for sale at a guide price of €11 million (subject to contract).
The units are fully let with 62 per cent of rental income coming from government agencies. There is the added benefit of upwards-only rent reviews with plenty of reversionary potentials and a reversionary yield of approximately 8.1 per cent.
There are strong tenants in situ – ...