Mixed-use commercial building in Nicosia Project №110785

This asset is a nine-storey commercial building in Agioi Omologites, Nicosia. It is located on the corner of Georgiou Griva Digeni Avenue and Iasonos Street, approximately 150m east of the Georgiou Griva Digeni and Dimostheni Severi Avenues junction.

The building consists of eight levels of office space, totaling approximately 3,354 sqm, which include reception areas, offices, conference rooms, kitchenettes, and toilets. All office spaces are currently leased to Class A tenants. On the ground level, there are two shops with mezzanines, covering around 685 sqm in total. One of the shops is operating as a bar/restaurant.

Additionally, the building offers three basement levels, totaling around 3,105 sqm, which provide 85 parking spaces and storage areas. The immediate area surrounding the property comprises commercial developments, including office buildings, showrooms, and mixed-use commercial and residential properties.

The asset benefits from 86 parking spaces as per the approved drawings, with 80 spaces in the basement and six on the ground floor. Built in 2015, the building is fully leased, and an adjacent plot is leased to meet the parking requirements of tenants.

This property represents a fully leased, prime investment opportunity. For further details, please contact us.