March Companion Laurens Vermeulen has successfully sold an extensive plot of industrial land of approximately 15,500 m² with an existing 5,700 m² building, strategically located along the Brugsebaan in Ardooie, just a stone's throw away from the E403. This transaction represents a new success story for March and shows the team's effective approach and expertise.
The site for sale is located in a thriving industrial zone and offers excellent opportunities for a customized project or an SME park. With a prominent visible location and an extremely smooth connection to major arteries, this location is ideal for companies that strive for a prominent presence and optimal accessibility. For potential end users, this area offers opportunities to develop customized business premises to expand and optimize their activities.
The building is leased to a local player and offers great future opportunities.
The site, previously owned by the renowned project developer Steenoven, includes a rented business building to a local player. The buyers are 3 local entrepreneurs who came into contact with March via the March Matching Engine. This is March's self-developed tool that uses AI to predict the right user for an available property.
Investing in an industrial warehouse that is leased to a local company offers many advantages:
- Stable Rental Income: Renting out the industrial warehouse to a local company ensures a stable stream of rental income. Local companies often have a long-term vision and are inclined to enter into long-term leases, which promotes the continuity of the income stream.
- Resilience in value: Industrial real estate, especially warehouses, tends to retain its value well. The demand for storage space often remains high, especially in areas with a thriving economy such as West Flanders. This provides a solid basis for maintaining value and possibly increasing value in the long term.
- Attractive Returns: investing in a rented industrial warehouse offers attractive returns.
- Possibility of Modifications and Upgrades: the owner of the industrial warehouse has the ability to make adjustments and upgrades to increase the value of the property. This can range from efficiency improvements to adding modern amenities, depending on the tenant's needs.
- Local Economic Growth: by investing in an industrial warehouse, the investor contributes to the local economy. The success of the local company will result in growing employment and have a positive impact on the community, which in turn can increase the value of the investment.