Located in the heart of Athens’ prime commercial corridor on Kifisias Avenue, this is a rare investment opportunity consisting of a portfolio of independent units across two separate buildings. The asset is partially leased long-term and generates stable rental income, with additional upside potential.
Key Facts
Location: Kifisias Ave Marousi – Athens' business district
Total Built Area: 982.08 sq.m.
Lease Duration: 18/03/2022 – 17/03/2031 (long-term lease in place)
Current Monthly Income: €10,460
Annual Gross Yield (2024): ~4.37%
🧾 Asset Composition
1. Office Spaces (Total 644 sq.m.)
Building A
1st Floor – 164 sq.m. (Leased)
2nd Floor – 164 sq.m. (Leased)
Building B
Ground Floor – 316 sq.m. (Vacant – high potential for future rental income)
2. Storage Units (Total 50.58 sq.m.)
Building A – Basement Level B: Units No. 15–18 (4 × 3.60 sq.m.)
Building B – Basement Level A: Units No. 1–6 (4.32 to 12.24 sq.m.)
3. Parking Spaces (Total 287.50 sq.m.)
Building B – Basement Level A: 19 spaces (No. 1–19 × 12.50 sq.m.)
Building A – Basement Level B: 4 spaces (No. 20–23 × 12.50 sq.m.)
📈 Yield & Potential
Current gross yield: ~4.37%
Upside potential through leasing of the vacant ground floor (316 sq.m.)
Ideal for corporate headquarters, medical or educational uses, or long-term passive income investment
Stabilized Investment with Long-Term Tenant Until 2031
Prime visibility & accessibility on Kifisias Avenue
Excellent tenant mix, large auxiliary areas, and 23 parking spaces
Price: 2.875.000€.
Isqm real estate Ι.Κ.Ε., Tel: +30 210 9718592, email:
[email protected] Attention: In order to visit or receive documents, floor plans for the property, it is necessary to indicate or send with email your ID card & passport according to Law 4072/11-4-2012
2% + vat buyer’s agent fee
