TO LET / FOR SALE
Storage space in Bucharest, located on the national road DN4, 1km away from the intersection with the ring road, inside Olympian East Bucharest ParkDN4 (km 12), Popesti Leordeni Area, Bucharest, Bucharest Ilfov
Olympian East Bucharest Park is located in the south-eastern part of Bucharest, in between Popesti Leordeni and Frumusani, on DN4 (Bucharest-Oltenita).
The park is placed adjoining Mega Image Logistics Center, at 850 meters from DN4 junction with the ring road, respectively at 7 km distance from A2 motorway.
The access is made from DN4, the park being placed on the right side coming towards Bucharest.
Olympian East Bucharest Park is a modern logistic park, opened in 2010 and extended in 2017, accounting for an existing of 48,000 sq m GLA, fully let to Sarantis and Autonet companies.
The park has potential for expansion, the proposed area of the following phase being of another 25,000 sq m.
Bucharest is the largest industrial market in Romania, including over 2.5 million sq m of modern industrial parks with storage, logistics and production warehousing halls to let, SME projects with industrial spaces to let etc.
Almost 75% of the modern stock of industrial spaces to let is concentrated in western Bucharest: A1 motorway, the ring road. New areas have developed also along the northern ring road section (Stefanesti, Mogosoaia, Chtila).
The rental level for A class industrial spaces to let in Bucharest is placed at 3.5 – 4.0 Euro/sq m/month (units above 1,500 sq m), respectively 5,5 – 6.5 Euro/sq m/month for below 1,000 sq m units.
The monthly costs to let an industrial space for storage and for production in Bucharest include: rent for industrial space, rent for office space, service charges, cost of utilities (electricity, gas, water).
The service charges for an industrial space includes the following: maintenance and repair of building / equipments / concrete platforms, utilities for common areas, costs for security, property manager, insurance and property taxes etc.
The industrial lease agreements have an average of 3-5 years for storage / logistics destination, respectively 5-7 years for production activities. In the case of built-to suit premises, the average length is of 10 years.
The tenant has 0% fee for all the industrial, storage & production spaces to let in Bucharest that are part of Activ Property Services portfolio. We represent the owners and provide free consultancy for tenants.