EGP90,000,000
Property details
Listed
1 month ago
Property Type
Full Floor
Furnishing
Unfurnished
Area
1,116 sqm
Price per area
80,645 EGP/sqm
Available from
16 Jul 2026
FULL FLOOR FOR SALE IN ABO QIR ST., GLIMCommercial space for sale: 1,116 m² in Gleem (Abou Kir Street) – EGP 90,000,000 – Agent: Osama El-Warraki
* Ground floor: 531 m² + Mezzanine: 585 m²
* Leased to a foreign bank
* Lease structure: Quarterly payments in advance
* Remaining cash flow under the current contract: EGP 45,000,000
* Total return on investment (ROI) over 5 years: 50%
* Payback period: 8 years
* View overlooking a main street
* Code: N02106
----------------------------------------------------
RE/MAX is a global company specializing in luxury real estate marketing.
RE/MAX has a presence in over 100 countries, with more than 7,000 offices and over 100,000 real estate agents worldwide. RE/MAX Avalon is the RE/MAX representative for Alexandria Governorate.
We are honored to provide distinguished RE/MAX services—including property valuation and marketing (sales, purchases, leasing, and property management)—across Alexandria, the North Coast, and King Mariout.
Commercial space for sale: 1,116 m² in Gleem
* Ground floor: 531 m² + Mezzanine: 585 m²
* Leased to a foreign bank
* Lease structure: Quarterly payments in advance
* Remaining cash flow under the current contract: EGP 45,000,000
* Total return on investment (ROI) over 5 years: 50%
* Payback period: 8 years
* View overlooking a main street
* Code: N02106
----------------------------------------------------
RE/MAX is a global company specializing in luxury real estate marketing.
RE/MAX has a presence in over 100 countries, with more than 7,000 offices and over 100,000 real estate agents worldwide. RE/MAX Avalon is the RE/MAX representative for Alexandria Governorate.
We are honored to provide distinguished RE/MAX services—including property valuation and marketing (sales, purchases, leasing, and property management)—across Alexandria, the North Coast, and King Mariout.
Amenities
Unit Level
Unfurnished
Others
Lobby in Building
Location

About Hay Sharq
Learn moreHay Sharq features 1,894 buildings.
- Properties Listed395
- Price range850K - 175M
Provided by

Osama Elwarraky
RE/MAX Avalon
See agency properties (4850)Regulatory information
Regulatory information
Reference
N02106
Listed
1 month ago
Payment method
Cash

