Description
This light industrial asset was part of a sale and leaseback transaction with an established international player within the packaging and cosmetics sectors. The building is fully let on a long term income through a 15-year triple net lease agreement (with a 10-year break-option). The asset offers over 9’400 sqm of lettable area and outdoor parking. The site is divided into 3 main areas: storage, production and office. The site benefits from a construction reserve which could be exploited in case of the growing needs of the Tenant.
City
Châtel-Saint-Denis
Canton
Fribourg
Acquisition date
January 2022
Surface
9'400 m2
Activity
Light Industrial
Tenants
Single-Tenant
Strategy
Long Term Income