D21 Warehouse PTP Johor


 



 

 

This state of the art facility is leased to Damco Logistics Malaysia Sdn Bhd and serves as one of the main warehouse distribution in Malaysia.

Port of Tanjung Pelepas (PTP) is situated adjacent to the port and terminal and covers an area of about 1,000 acres. This is segmented into different zones depending on the type of activities carried out and some 400 acres has been designated as Free Commercial Zone (FCZ) reserved for distribution, logistics, and warehousing activities ideal for consolidation, International Procurement Centres, regional distribution centers, and distribution services. Damco Logistics Malaysia Sdn Bhd Centre is located in this Zone.

The property features a modern office area complete with an office lift and high quality office fitout. The warehouse has ample loading docks, state of the art racking including a climate controlled section. It is maintained to the highest standards as demanded by BMW Germany.

 

PURCHASE PRICE
RM27,000,000

APPRAISED VALUE
RM29,000,000

 

TYPE
Warehouse Logistic

ACQUISITION
DATE

30 April 2008

NUMBER OF
TENANTS

1

LAND AREA
428,630 sq ft
[39,820 sq m]

NET LETTABLE
AREA

174,920 sq ft
(16,251 sq m)

AVERAGE OCCUPANCY
100%

TITLE
Leasehold expiring 23 March 2055

AGE OF BUILDING
13 years

ADDRESS
Lot D21, Jalan Tanjung A/3,
Distripark A,
Port of Tanjung Pelepas,
81560 Johor

MAJOR TENANTS
Damco Logistics Malaysia Sdn Bhd