Axis Shah Alam Distribution Centre 1


 



 

 

This freehold property is located in the popular Lion Industrial Park in Shah Alam Selangor. It is strategically located with connectivity to all the major highways, ports and airports. It is also located in an area very popular with logistics providers in the Klang Valley.

The property has a net lettable area on 110,406 sq ft and features a two storey office as well. The property is leased to Upeca Aerotech Sdn Bhd for a lease of 17 years. Upeca Aerotech Sdn Bhd is a key player in aerospace industry and has in position as one of key supplier to major aerospace companies worldwide.

 

PURCHASE PRICE
RM18,500,000

APPRAISED VALUE
RM31,500,000

 

TYPE
Warehouse Logistic

ACQUISITION
DATE

31 July 2007

NUMBER OF
TENANTS

1

LAND AREA
174,832 sq ft
[16,243 sq m]

NET LETTABLE
AREA

110,406 sq ft
[10,257 sq m]

AVERAGE OCCUPANCY
100%

TITLE
Freehold

AGE OF BUILDING
23 years

ADDRESS
Lots 2-22,2-24,2-26,2-28
Jalan SU 6A
Taman Perindustrian Subang
(Lion Industrial Park)
Section 22
40300 Shah Alam Selangor

MAJOR TENANTS
Upeca Aerotech Sdn Bhd