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190 m² Shop with Depot for Rent in Downtown Beirut
Downtown Beirut, Lebanon · 190 m² · 2 baths
About this property
Cedar Keys Estates presents a wide storefront with its own depot in the centre of Beirut.
Features
- 105 m² storefront
- 85 m² depot
- 190 m² in total
- 2 bathrooms
- Needs renovation
- Photographs to follow — the images shown are illustrations
A hundred and five square metres of shop floor with eighty-five more behind it as storage is a proportion that retail rarely gets offered in a central address. Most central units of this size solve their storage problem by giving up selling space to it. This one does not. The unit is being let as a shell and needs renovation, so an incoming tenant is taking on a fit-out — and in exchange is fitting out to their own plan rather than working around someone else's.
Investment note. $85,000 a year across 190 m² is roughly $37 per square metre per month — in the range of good Beirut retail, below the $58 a small Hamra unit commands, and sitting on a central address. The figure assumes a tenant who will spend on the fit-out; the fit-out terms are therefore the part of this deal worth negotiating hardest. Suited to. A brand taking a flagship or first Lebanese site, a showroom, a restaurant or café group that needs back-of-house as well as a floor, or an operator who would rather design a space from the concrete than inherit a fit-out.
Location
Downtown Beirut — the central district, where retail frontage is scarce, closely held, and rarely comes to the open market in this size.
The map shows the Downtown Beirut area. The exact address is shared when you enquire. Open Downtown Beirut on Google Maps
Questions about this property
How big is the unit?
190 square metres in total — a 105 square metre storefront with an 85 square metre depot.
What condition is it in?
It needs renovation and is let as a shell. An incoming tenant takes on the fit-out.
Are there photographs?
Not yet. The images published with this listing are illustrations and are labelled as such; photographs will follow.
How many bathrooms?
Two.
What would it suit?
A flagship or first Lebanese site, a showroom, or a restaurant or café group that needs back-of-house storage alongside a wide floor.
What is the rent?
$85,000 per year, which is $7,083 per month, plus one month's rent as commission.
