Industrial
Ref 99467

Units 1, 2 And 3 Airways Industrial Estate

Santry
Dublin 17, D17 YN12

Available on request
Size33,491-126,827 ft² / 3,111-11,782 m²

Summary

Investment - 3 Large Industrial Units for Sale

  • Average of 5.14m eaves
  • Industrial warehouses
  • Last-mile logistics

Description

JLL are selling three large industrial units in Airways Industrial Estate with a guide price of €11m (subject to contract). The GIA totals approximately 127,000 sq. ft. (12,000sqm) on approximately 6 acres.

This opportunity presents investors with strong reversionary prospects both in terms of yield and through modernisation of the units.
Each unit is fully let to a single tenant earning a total annual rent of approximately €671,273.50* with 62% of that rental income generated from government bodies.

Each site has excellent visibility from the busy Swords Road and is located less than five minutes from Dublin Airport, an advantage for any industrial business. Additionally, the close proximity to major roads such as the M50 and M1 provide the industrial park with nationwide access. We are seeking in excess of €11m (subject to contract) which represents an initial yield of 4.47%.

*From April 1st, 2022


Building Energy Rating

Unit 1 - G, BER no. 800710683.
Unit 2 - F, BER no. 800710691.
Unit 3 - B3, BER no. 800710717.

Features

  • Build Status: New Build - Existing

Building Energy Rating

Building Energy Rating B3

Location and Transport

The units are located in Airways Industrial Estate which benefits from being ideally located only 5 minutes from Dublin Airport, the M1 and M50 and 7 minutes from the Port Tunnel.

The location would be suitable for last-mile logistics, e-commerce and q-commerce due to the strong international links closeby.