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

Airways Industrial Estate: three fully let units with upwards-only rent reviews are for sale for €11 million

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 – ...