Breaking Records: MCIP Celebrates €6.7 Million Sale of Prime Commercial Property in Vilnius!

FULLY OCCUPIED COMMERCIAL AND LOGISTICS PROPERTY SOLD IN VILNIUS, LITHUANIA

MARIVA CONCEPT INVESTMENT PARTNERS (MCIP) celebrates the successful sale of a fully occupied commercial and logistics property in Vilnius, Lithuania, fetching an impressive 6.7 million EUR. Situated strategically on Meistrų St., this property features a sprawling 7.667,49 m2 production and administrative building, housing 12 tenants and offering a mix of office, warehouse, and manufacturing spaces.
With its prime location near Vilnius International Airport and the Southern Bypass, excellent connectivity, and state-of-the-art security features including video surveillance and access control, this property represented a highly sought-after investment opportunity.



Property Details:

• Address: Meistrų St. 11f, Vilnius
• Type: Production and administrative building
• Total Area: 7.667,49 m2
• Leased Office Space: 1.273,89 m2 on the second floor
• Leasable Storage/Production Area: 6.266,86 m2 on the first floor
• Number of Tenants: 12
• Occupancy Rate: 100%
• Property Features: Fully equipped premises with updated LED lighting meeting Breeam requirements, fire alarm systems, modern sanitary facilities, and minor improvements. Additionally, the building boasts 3 ramps near the storage rooms and a clear ceiling height of 8 meters. The property and its systems underwent reconstruction in 2005.
• Parking: 96 surface parking spaces available on an asphalt lot

Building Construction:

• Structure: Metal frame
• Heating: Central heating from centralized systems and electric
• Utilities: Municipal water supply and communal sewage disposal. Gas is not available. Hot water is generated by boilers.

Land Details:

• Purpose: Commercial
• Land Area: 1.238,9 ha
• Land Status: State land trust

Advantages:

• Strategic Location: Close proximity to Vilnius International Airport and Vilnius Southern Bypass
• Convenient Transportation: Well-connected with developed city infrastructure and nearby public transport stops
• Security Measures: Fenced and illuminated territory with access control, including firewalls and video surveillance cameras connected to a central control point
• Sustainability: The building is Breeam excellent certified.
• This sale represents a significant achievement for MCIP and underscores the strength and attractiveness of the commercial real estate market in Vilnius.

MCIP extends its heartfelt gratitude to the private investor who entrusted us with this remarkable property, contributing to its successful sale. We are equally grateful to the discerning buyer whose vision aligns with the potential of this prime asset. Together, we’ve unlocked new horizons in commercial and logistics investment. Stay connected with MCIP for future opportunities and transformative ventures in the real estate landscape