Tenanted commercial property in Kadikoy IstanbulRef: PTFS3950
This is an excellent opportunity to purchase a fully rented, tenanted shop for sale in Kadikoy area of Istanbul on the Anatolian side of the city. This residence has eight years left on the current rental agreement so would make for a smart investment for those seeking income guaranteed for years to come – enquire today.
Kadikoy is the heart of the Asian side, offering a high foothold area with endless residents and daily commuters passing by. Currently occupied by a well known national brand, this is one of our top picks for commercial real estate in Turkey and is a shop not to miss out on – contact us today for full details as listings like this do not come to market often.
About the commercial property
This listing is currently occupied on a long term rental contract by a national brand and is presently returning between 6-7% per annum in income with stated contract negotiations and rent increases allowed every year. The shop measures in at an impressive 530m2 in internal size, and is in immaculate condition from top to bottom – ready to be used for multiple types of business purposes.
Rental income potential
This is a top opportunity as rental return is currently 6.63%, rising to 9% per annum in the next few years. Value growth of the shop is also superb, projected to deliver a minimum of 8%+ capital growth annually for the owner. Eight years are left remaining on the tenancy.
Location in Istanbul
This listing is located on the Anatolian side of Istanbul in Kadikoy. One of the main selling points is the fact that this shop is situated directly on the High Street close to some of the most sought after restaurants, shops, and amenities in the area, guaranteeing thousands of potential customers and clients passing by each day. Kadikoy is one of the focus points of the Asian side and is serviced by public transportation options for those moving around the city. Large businesses and corporations are operating out of Kadikoy – simply put, the location is second to none for investing in a shop or commercial business for sale in Turkey.
We are delighted to offer several commercial listings across the country for sale – please call or contact us today to speak with our professional investment team who are happy to answer any questions you have about business management in Istanbul. From small shops to large commercial units, we are happy to source the ideal listing for you.