Commercial Building in Al-Shati District
Prince Mohammed Bin Fahd Road, Ash Shati Al Gharbi, Dammam, Dammam Governorate, Eastern Province, 32413, Saudi Arabia
Details
Description
Opens to the east on Prince Mohammad bin Fahd Road near Lulu Hypermarket (extension of First Street) with a width of 40m and to the west on an 18m street. Consists of three floors and 6 commercial shops. *Land area: 2400 sqm *Built-up area: approximately 8000 sqm *Building age: 7 years *Three floors rented to an institute at 600,000 annually, now at 450,000 annually excluding tax with temporary discount *Three commercial shops rented at 217,000 annually, with three remaining shops not yet rented *Building was appraised at the beginning of 2026 at approximately 16 million by an appraisal office *Possibility to increase rents and boost income after leasing the remaining shops *Front and back parking spaces for the building