Axis Shah Alam Distribution Centre 4


 



 

 

Axis Shah Alam Distribution Centre 4 (SADC4) is a freehold industrial property comprises of two adjoining parcels. It is situated within prime industrial hub of Section 28, Shah Alam where light terrace factories to heavy industry operators are situated. It is well connected via Shah Alam Expressway (KESAS Highway) which connects to Port Klang, KLIA and the rest of the Klang Valley.

The property comprises of four single storey warehouse, a double storey detached office building, a double storey canteen building and guardhouses.

The property is a sale and leased back arrangement with the vendor and is leased back to Teraju Sinar Sdn Bhd for fixed period of six years and contractual step up rent from year four onwards.

Teraju Sinar Sdn Bhd is a reputable assembler of many home products in Malaysia and has been incorporated since 1991.

 

PURCHASE PRICE
RM83,000,000

APPRAISED VALUE
RM93,000,000

 

TYPE
Logistics Warehouse

ACQUISITION
DATE

4 June 2018

NUMBER OF
TENANTS

1

LAND AREA
440,268 sq ft
[40,902 sq m]

NET LETTABLE
AREA

262,000 sq ft
[23,619 sq m]

OCCUPANCY RATE
100%

TITLE
Freehold

LAND TITLE
H.S(D) 312623, PT 101, Mukim & Pekan Hicom, District Petaling, State of Selangor.

AGE OF BUILDING
About 10 to 31 years

ADDRESS
Lot PT 5038-5041
Jalan Teluk Datuk 28/40
Off Persiaran Sepang
Seksyen 28
40400 Shah Alam
Selangor

MAJOR TENANTS
J & T Express (Malaysia) Sdn Bhd