Reasons to invest in the project S35, Kaunas II:
Facilities in the city centre;
Long term: 10-year rental contract (tied with inflation);
The tenant is investing in the facilities 80,000 EUR;
Attractive rental yield;
The premises have been independently valued at 288,000 EUR;
The InRento team is launching a second stage of buy to let investment opportunity located in Kaunas, Lithuania. The investment case consists of two facilities located in the city centre, address: Šiaulių g. 35, Kaunas (referred to as S35, Kaunas II). The medical facilities are just 2 minutes away by walk from the bus and the train stations.
This project has an A Risk Rating. The building was originally constructed in 1984 and will be completely renovated by the end of this year (2021). Although the premises are not yet decorated, the tenant will complete the interior by investing at least EUR 80,000.
The project owner has established a 10-year rental contract with a medical clinic.
The usage of the premises (by Registry centre) - medical, Kaunas has a shortage of medical usage facilities inside the city. The total area of the premises is 177.19 m² (106.6 m² and 76.59m²). The project for investors generates 6.01% annual return.