Building for Sale in Riyadh Al Marwah

**exclusive offer – we apologize to marketing agents** **commercial office building for sale in al-marwah district, riyadh** located on two streets: dirab road and a secondary road very prime location **asking price:** sar 5,000,000 net – sale expected soon, god willing **building age:** approximately 9 years built on plot no. 412 and plot no. 411 **total area:** 1,122 sqm plot no. 411 (rear) contains parking spaces and some rooms **plan no.:** 1544 **plot no.:** 412 **commercial office building** - north: 84m street (dirab road) – frontage of 19m - east: 12m street – frontage of 23m --- **building area details:** - mezzanine: 138 sqm (showrooms) - ground floor (commercial): 2 units – 306 sqm (showrooms) - first floor (office): 336 sqm (offices) - upper annexes: 2 units – 160 sqm (offices) - perimeter walls: 39.60 m (services) building permit and completion certificate are available. --- **currently rented at very low rates to a single tenant (especially the halls):** - two halls rented for sar 140,000/year (sar 70,000 each) – well below market value – lease ends 28/02/2031 - 7 offices rented at sar 24,000 each = sar 168,000/year – lease ends 14/03/2028 **total annual rental income: sar 308,000** 10 electricity meters available. --- **manzilak real estate office** *(number appears when you press "call")*