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Iconic office building

Stavanger, NorwayUnlock address

80%

Offers invited

Office

#35233

Core

23 Oct 2024

Property Details

Broker

For sale

3,611 m²

GLA

1

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

The iconic building was built in 1951 and has previously been used as a car workshop and a furniture gallery. The distinctive architecture has been preserved, but in recent years the property has been completely renovated into a state-of-the-art office building with exclusive qualities. The building has been renovated with a focus on forward-looking and sustainable solutions. The building has energy class C and is Smart ready and Breeam certified. The property has a total GLA of 3,511 m2, of which 3,314 m2 is office space and 197 m2 is changing rooms and bicycle parking. There are 17 parking spaces attached to the property. With a gross rent for 2025 of approx. 14.1 MNOK and a remaining rental period of approx. 14.1 years, the property ensures stable and long-term cash flow with one solid counterparty.