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This is a prime opportunity to invest in commercial real estate in high foothold Mecidiyekoy Sisli in the heart of Istanbul city centre. With a nationally recognised tenant already in place and with ten years unexpired term on tenancy contract, this is a superb opportunity to buy a tenanted shop in Istanbul and comes highly recommended for viewing.
- Tenanted commercial property in Istanbul for sale
- Ten years left on the current tenancy agreement
- 7% rental income per annum rising to 10% in future
- High capital growth each year for the investor
- Superb location in the heart of Istanbul city centre
FACILITIES & LOCATION
Located in Sisli area of Istanbul, the shop enjoys a prime setting with thousands of residents and commuters passing by on a daily basis – this is one of the top tenanted properties in Istanbul for sale and one not to miss out on. City centre opportunities like this are rare to come by.
About the commercial property
The shop is currently occupied on a long term lease by a household national restaurant brand and has a long ten years left on the tenancy contract, guaranteeing the investor years worth of income straight away. Rental return is currently calculated at 7% per annum and will rise considerably in the future. The shop itself measures 570m2 in size and is in great condition from top to bottom – fully operational and fitted with everything a quality shop / restaurant business would need.
Rental income potential
Rental return is currently calculated as 7%, rising to 10% per annum after several years. The real estate value growth of the shop is also highly attractive and is projected to deliver 10%+ capital growth each year for the investor.
Location in Istanbul
This commercial real estate is located in Mecidiyekoy, Sisli area of Istanbul. The location is one of Istanbul's prime business and residential districts and is serviced by several metro underground stations, capturing an exceptionally high level of passing traffic. Mecidiyekoy is one of the top locations in Istanbul and is home to affluent residents, families raising children, and endless businesses operating from Sisli. In terms of location, you couldn’t pick a better spot to invest in a shop in the heart of the city.
For more information about commercial real estate in Istanbul, as well as latest offers and exclusive listings guaranteeing rental income from the offset – please call or contact us to speak with our professional investment team in Istanbul who are happy to assist you on your search for investment opportunities all across Turkey. We currently have numerous listings to meet your needs and requirements and are happy to find a business to suit you.