“The Corporate Building for sale in Leblon, Rio de Janeiro, Brazil is located in one of the most valuable areas of real estate in Rio’s South Zone. With seven floors, the building has facilities for telecommunications and high tech data transmission, integrated security systems with cameras, sensors, devices and alarms.
It is in one of the best locations in Rio’s Zona Sul.
The space is 824m ², with 14 office bays, one of which is already rented to ITAÚ Bank.
Rental Contracts are for 5 Years + one 5 Year option.
R$ 28,000,000.00 is the asking price.
Rent is set at $200 per m² x 824m² = R$ 164,800 per month.
CURRENT RETURN ON PROPERTY = 65.9%.”