Commercial Building with Offices, Retail Space & Parking
The strategic positioning next to the metro station offers the property a comparative advantage since this part of Liossion Street attracts many corporate and retail occupiers
The property was constructed in 2007 and comprises a number of horizontal ownerships, namely one retail unit arranged on basement, ground floor and mezzanine/1st floor and the entire office component of the building arranged on 6 floors (2nd to 7th). The office areas have undergone extensive refurbishment as part of the repositioning strategy of the asset and will be offered on a “warm shell” condition ready for the final fit out works by the occupiers. More specifically the specification offered is as follows: Autonomous HVAC per floor Raised floors with the potential for underfloor cabling Voice & data cabling (Cat 6) Fire safety doors (60 REI) Fire detection with sensors on the suspended ceilings Fire extinguishing with fire hose points and sprinklers Suspended ceilings with fiber tiles Recessed fluorescent lighting fixtures on the suspended ceilings in all office areas Three passenger lifts Two staircases (one main staircase and one for emergency exit purposes) Façade with marble fittings and cladding made of double thickness anti-solar glazing Outdoor space for use by the occupiers on each floor (7th floor is facilitated by a large verandah with spectacular views of Athens and the immediate surroundings) The subject commercial space is also facilitated by 87 underground parking spaces which are accessed by Militou Street that is running in the rear part of the building
The property is situated in the western parts of the Municipality of Athens (4th Municipal District), in the historic area of Kolonos which during the classical years was considered one of the most prominent and aristocratic neighbourhoods of Athens. The area was massively developed during the 60s and the 70s in the first urbanization wave after WW2 and is close to other historic parts of Athens such as Plato’s Academy, Skouze Hill, Metaxourgeio and Kipseli. One of the most important natural attractions of the area is the hill of Ippios Kolonos, which is situated fairly close to the property. The area is densely populated and very alive, attracting primarily residential uses but also retail and office occupiers with the latter being concentrated along Liossion Avenue and around Sepolion Street as well as Aghios Meletios Square, which is the central point of the neighborhood, and Attikis Square. The property stands right across “Attiki” Metro Station (hub station combining ISAP and Attiko Metro lines) and enjoys quick and easy access from many parts of the city which are covered by the relevant metro network (Line 1 “Kifissia – Piraeus” and Line 2 “Anthoupoli – Elliniko”). In addition, and due to its strategic positioning next to “Attiki” metro station, numerous bus lines mainly covering the western areas of Greater Athens pass by Liossion Str. Moreover, trolley line No. 1 “Attiki Station – Kallithea – Moshato” is some 350 m. away from the property.