Podravska, Maribor

In a commercial building on Moše Pijada Street in Maribor, we are selling commercial premises on the ground floor, which represent either an investment opportunity or can be used for own business activities. The property is currently leased to a tenant.

Key advantages:

Excellent location: the commercial building is located on Moše Pijada Street, in close proximity to the city center and one of the main traffic routes in Maribor, providing excellent visibility and accessibility. Nearby are retail shops, a bakery, UKC Maribor, etc., as well as numerous commercial and residential buildings;

Tenant: the commercial premises are leased long-term; the tenant has a lease agreement for an indefinite period with a one-year termination notice.

Large area: the commercial space covers 247.9 m2 of usable area, which can be used as an exhibition space (currently the commercial premises include an exhibition showroom).

Detailed property information:

• Address: Moše Pijade 21, Maribor;
• Location: Tabor, Magdalena;
• Area of commercial premises (gross area): 274.8 m2 (exhibition space) and 439.9 m2 (storage, basement spaces);
• Parking spaces: 5 designated parking spaces for the ramp (joint ownership);
• Year of construction: 1970;
• Structure: reinforced concrete;
• Heating: external multi air conditioning unit air/air combined with internal ceiling cassette units. Sanitary water is prepared via a local electric boiler. Local forced ventilation is installed with supply through swirl diffusers.
• Renovation: roof renovation in 2012, interior renovation in 2021 for exhibition space needs;
• Rental yield: concluded lease agreement for an indefinite period with a one-year termination notice.

Description of the building and its features.

The commercial premises are located on the ground floor, which enables good access from the street also for persons with mobility impairments. The commercial space can be used for retail, exhibition space, or office purposes. The basement spaces are accessible from the rear side of the building via an elevator (in need of renovation) and from the commercial premises on the ground floor. The basement spaces themselves cover 439.9 m2. The commercial space is divided into the exhibition area and office spaces (tea kitchen, storage area). The floors are covered with vinyl and ceramic tiles.

The entrance is arranged through glass entrance doors, external glazing – tempered glass (single glazing).

The current tenant is a company using the commercial space as an exhibition area.

Building structural characteristics

• Main structure: reinforced concrete, 30 cm reinforced concrete wall, 18 cm brick, 8 cm brick, 4 cm plaster; partially reinforced concrete skeleton with gas concrete infills; on the north side 50 cm reinforced concrete wall, brick, stone slab cladding;
• Ceiling: concrete slab, 20 cm insulation;
• Floors above basement: reinforced concrete slab, screed, 3 cm insulation under screed taken into account;
• Windows: tempered glass, Uw=5.1 W/m2K; partially single-pane windows, Uw=5.5 W/m2K;
• Lighting: fluorescent lamps, 23 W/m2; 13 hours/day, 7 days/week, simultaneity factor 0.8;
• Ventilation: fan, 800 m3/h, 13 hours/day, 7 days/week;

The building has 7 floors, with the ground floor housing the commercial premises subject to sale and other tenants’ and owners’ commercial spaces. Nearby there is a bakery and a catering facility, shop, which provides additional benefits for employees in the commercial building.

Access to the commercial building is arranged by vehicle via a ramp up to the entrance of the commercial building.

INVESTMENT POTENTIAL

The property is an excellent investment as the commercial premises are already leased to a tenant. In the past year, the commercial real estate market in Maribor has experienced increased demand, which further enhances the value of this investment.