Building for Sale

A stand-alone office building for sale in a prime location on the Athens–Neo Psychiko border, fully leased to high-credit tenants and offering prime yield performance. Originally built in 1990 and extensively renovated in 2008 and 2016, with a new air-conditioning system installed in 2023. The total built area is 790 sq.m. on a 209 sq.m. plot, with a net leasable area of 710 sq.m. It includes a basement with five parking spaces, a ground floor with mezzanine, three upper floors, and two additional outdoor parking spaces. The building offers unobstructed urban views and is located just 130 meters from Kifisias Avenue and 650 meters from Katehaki Metro Station. The surrounding area hosts major medical and business centers, increasing demand for high-quality office space. All spaces are fully leased under long-term agreements to a government entity, a biotechnology company, and a medical practice, ensuring a secure and stable income stream. The yield (ROI) stands at 5.18% for the 2025–2028 period and rises to 10.04% for 2029–2034. A high-value investment combining excellent return and location, ideal for institutional investors seeking stability and growth in Athens’ most sought-after business zone. Price: €1,530,000. PROPERTY CODE: ΕΕΜΜ1924335 EPSILON TEAM real estate agents / appraisers TEL: +302107212284 MOBILE: +30 6944 626 626 WEBSITE: www.epsilonteam.gr MAGAZINE: www.epsilonliving.gr BLOG: www.propertistas.com Instagram: @epsilonteam.1