Code: TIO28
TierraInfinita is proud to be the exclusive agent of this unique opportunity to acquire a class A+ office in the exclusive Las Artes building, located in the Nueva Las Condes area, leased to Santander bank.
The property, with a total surface of 325.28 m², corresponds to the office 402. The package also includes the sale of 10 parking lots and 1 storage unit.
The Las Artes building is located in the consolidated area of Nueva Las Condes. It is a class A+ building built in 2010, with 20 floors and 8 underground levels.
The building is currently fully occupied, quite above the levels seen in class A+ buildings in Santiago and the area. The tenant, Banco Santander, is the leading bank in Chile, with more than 11,000 employees, 406 offices and 1,059 ATMs covering the whole country.
Banco Santander has a current lease since 2016 and ending in July 2023, with a renovation clause for multiple 5-year periods, after expiration. The contract has an early exit starting month 36 (July 2016), with a 6-months notification period.
 | ||
 | ||
