Axis Shah Alam Distribution Centre 3


 



 

 

Axis Shah Alam Distribution Centre 3 (SADC3) currently houses 2 logistic providers within its compound. Built on the 1,012,074 square feet of land is Axis Shah Alam DC3 Building A, a single-storey detached warehouse with double-storey office, Axis Shah Alam DC3 Building B, a single-storey detached warehouse and Axis Shah Alam DC3 Building C, a single-storey detached warehouse incorporating a first floor office. Additionally, 297,230 square feet of the rooftop area from Axis Shah Alam DC3 is rented out to five tenants that have mounted solar electric generating systems.

Axis Shah Alam DC3 Building A and B serves as the HQ of POS Logistics Berhad, a logistics solutions provider subscribed by leading manufacturers, assemblers, distribution companies and retailers to combine the demand chain with the supply chain. Occupying Axis Shah Alam DC3 Building C is LF Logistics Services (M) Sdn Bhd, a fast delivering logistic solutions provider for the footwear & apparel, fast-moving consumer goods (FMCG), food & beverage, and retail Industries.

The property is located within the Shah Alam Technology Park Section 33, just off the Shah Alam Expressway (KESAS). This strategic position allows easy excess to the city centre and seaports of Port Klang and Westports. It is located approximately 10 kilometres south of Shah Alam city centre and approximately 18 kilometres south-east from Klang town centre.

 

PURCHASE PRICE
RM183,000,000

APPRAISED VALUE
RM198,000,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

18 December 2014

NUMBER OF
TENANTS

2

LAND AREA
1,012,074 sq ft
[94,021 sq m]

NET LETTABLE
AREA

685,082 sq ft
[63,646 sq m]

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
H.S(D) 43148, PT 17562, Mukim and District Klang, State of Selangor.

AGE OF BUILDING
Block A : 15 years
Block B : 12 years
Block C : 8 years

ADDRESS
Lot No. 22202
Jalan Gambus 33/4
Off Jalan Bukit Kemuning, Batu 8.5
40400 Shah Alam
Selangor

MAJOR TENANTS
POS Logistics Berhad
LF Logistics Services (M) Sdn Bhd