Commercial Building near Milan
The commercial building, built in year 2002, is located between the city of Milan and Sesto San Giovanni within the “Project Bicocca”.
The building is spread over four floors above ground, besides a basement for office use except for some square meters occupied by technical premises where there is also a sprinkler firefighting system. All 5 floors have an area of 1.000 m² approx. each. All floors are open- space with the possibility to modulate the space individually, with existing mobile walls.
There is a reception area inside the building and three elevators. The heating uses methane gas with fan coils, also used for summer air conditioning.
Parking lots for 36 cars. The building is already fully let. The yearly rental income is € 640.000,00 approx. with a profitability of 7,40%