ORION - Invest 5.605 m² - Total building

The 5,605 m² “Orion” office building is located in the green Astra Gardens business park in Zaventem. This "stand-alone" and full ownership building offers offices on -1, ground floor and 3 floors. The 839m² basement is available for rent.

The entire ground floor (1,145m²) is let to 2 tenants. A tenant occupies 684m² including 8 indoor and 5 outdoor park. Initial lease term: 8/11/14 years. Annual rent: €57,101.
The other tenant occupying 461m² + 4  indoor park. Initial lease term: 6/9. 
Annual rent: €27,857.

A single tenant occupies part of the 1st and 2nd floors as well as the entire 3rd floor.
Lease 1 : On the 1st floor, our tenant occupies 464 m² (on 1.158 m²) + 10 indoor park., 1 outdoor park.  and 1 archive of 77 m². Initial lease term: 6/9. Annual rent: €41,934.
Lease 2 : He rents 640 m² (on 1.231 m²) on the second floor and the entire 3rd floor (1,232 m²). 34 inside park., 3 outside park.and 3 archives (37 m² at -1, 21 m² and 18 m² at -2) are included. Initial lease term: 5/9. Annual rent: €197,220.

Orion’s total rental area is: 5,605 m² (excl. archives). The total leased area is 3,480 m².
2,125 m² are available for rent. Rental income = €527,259 (current indexed rental income = €324,112/year– excluding charges + expected rental income on the vacant units = €203,147/year). 85 indoor park. (56 rented) and 15 outdoor park. (9 rented).

Selling price : 5,000,000€. Gross return: 10.55% (incl. vacant units). 

Orion is close to the Brussels Ring (exit n°3 “Zaventem Henneaulaan”), Boulevard de la Woluwe and Brussels International Airport. Diegem station (RER/GEN), bus stop "De Lijn" (Brussels-Vilvoorde-Mechelen) and the F3 cycle highway (Brussels-Leuven) are within walking distance.

For more information, please contact our representative Peter De Waele on 0473/38.02.92 or by email (pdw@growners.be). (Ref : ORION - Invest Building)