Axis Shah Alam Distribution Centre 2

 



 

 

Axis Shah Alam Distribution Centre 2 (SADC2) comprises a single-storey warehouse cum single-storey and double-storey office building. The property is currently occupied by Total Logistic Services (M) Sdn Bhd, a logistics provider that offers a full range of services, including freight forwarding, warehousing, distribution, consultations and transportation services for domestic and international companies. Additionally, 145,314 square feet of rooftop area from Axis Shah Alam DC2 is tenanted by two tenants that have mounted solar electric generating systems.

The property is located within a planned industrial/commercial area in Section 16, Shah Alam. It enjoys dual frontages on Jalan Pahat 16/8A and Jalan Gudang 16/9 and is easily accessible from Kuala Lumpur, Petaling Jaya and Klang via the Federal Highway, KESAS and North South Expressway Central Link (ELITE). The strategic location is suitable for logistics companies as it provides easy access to key ports, airports, residential and commercial centres such as Klang, Port Klang, Subang Jaya and Kuala Lumpur.

 

PURCHASE PRICE
RM45,000,000

APPRAISED VALUE
RM46,600,000

GROSS REVENUE
RM3,543,000

 

CATEGORY
Industrial

ACQUISITION
DATE

31 March 2015

NUMBER OF
TENANTS

3

LAND AREA
257,507 sq ft
[23,923 sq m]

NET LETTABLE
AREA

164,400 sq ft
(15,273 sq m)

AVERAGE OCCUPANCY
100%

TITLE
Leasehold for 99 years,
expiring 08 Aug 2066

AGE OF BUILDING
Warehouse : 31 years
Office : 5 years

ADDRESS
Lot Nos. 10 & 12, Jalan Pahat 16/8A
Lot Nos. 11 & 13, Jalan Gudang 16/9
Section 16, 40200 Shah Alam
Selangor Darul Ehsan

MAJOR TENANTS
Able Heights Sdn Bhd