Income-producing warehouse with rooftop solar and room to expand

An income-producing warehouse investment combining fully leased premises, rooftop solar generation and additional development capacity in eastern Tbilisi’s established industrial district.

The property comprises a steel-framed warehouse of approximately 4,000 m² and a separate 100 m² office building, situated on 12,902 m² of non-agricultural freehold land. The entire 4,100 m² is leased and occupied, providing an established rental income stream.

Current property rental income is approximately USD 23,000 per month, equivalent to approximately USD 276,000 annually, excluding VAT and before landlord expenses. A 599.72 kWp rooftop solar installation provides a separate source of lease income, adding another revenue stream without occupying development land.

The site offers capacity to construct approximately 2,000 m² of additional warehouse space, increasing the combined warehouse and office area to approximately 6,100 m². Expansion on land already owned provides a clear opportunity to increase rental income and enhance long-term asset value.

Located near Tbilisi International Airport and the Kakheti Highway, the property is well positioned for warehousing, distribution and airport-related cargo activities. The airport lies approximately 4.6 km away in a straight line.

The premises are occupied and generating rent, while formal commissioning and property registration are being finalised. Existing leases include an extension mechanism following registration.

Available through the acquisition of 100% of the asset-owning company or a direct asset purchase, the opportunity combines existing income, freehold property ownership, renewable energy infrastructure and warehouse expansion potential.