3.9422 ha industrial territory within Kaunas Free Economic zone

For your new industrial real estate development projects, Newsec in Baltics is offering to acquire up to 3.9422 ha industrial territory sub-lease rights located at Oro parko str., Kaunas region (within Kaunas Free Economic zone).

Attractive greenfield land plot location:

• Address: Oro parko str. 3, 5, 7, Segreicikai I k., Kaunas region municipality,
  Republic of Lithuania
• Distance to:
  • 7.3 km | 11 min to International Kaunas Airport (KUN)
  • 7.5 km | 9 min with magistral roads A1/A6 intersection
  • 15 km | 25 min to Kaunas city center
• Convenient site accessibility by asphalt road in both transport directions with magistral roads A1 Vilnius-Kaunas-Klaipeda and A6 Kaunas - Daugpilis
• Goods site access by public transport:
  • public transport stop 1-ieji Segreicikai, in 200 meters from land plot | bus #68 Neveroniu ziedas-LEZ-Kovo 11-osios str.
• Several restaurants and shopping centers nearby:
  • 3.7 km | 6 min – restaurant Hesburger
  • 6.3. km | 9 min – LIDL
  • 6.8 km | 10 min – restaurants XXXL
  • 7.6. km | 11 min – restaurant Uzeiga Kolegos
  • 8.0 km | 9 min – shopping park Kaunas HUB
• Site is a well-developed industrial area with multiple local and foreign capital well-known manufacturers – Hollister Inc, Continental Automotive Lithuania, Hella Lithuania, Press Glass, Fitsout, - also FL Technics, Omniva parcel sorting center.

Benefits:

• The land plots are within Kaunas Free Economic Zone (FEZ), where tax, customs, quota concessions can be applied in order to create more favorable operating conditions for the investor.
• Kaunas FEZ investors enjoys 0% real estate tax tariff (until y2045)
• Next to the land plots offered the infrastructure is already developed – asphalt road, rainwater drainage
• Flat terrain of the land plots

Information about the assets for sale:

• Owner: Republic of Lithuania, state land sub-lease rights until year 2116.
• Area: total up to 3.9422 ha, of which:
  • Road area: total 1877 sqm
  • Area of drained land: total 1.6912 ha 
• Item base purpose of use: other
• Type of use: areas of industrial and storage facilities
• Title in the registry center: land plot
• Subject to VAT: yes
• U/n: 4400-4631-7391, 4400-4629-7189, 4400-4629-8197

Infrastructure in place:

• Road access: asphalt, via Oro parko street
• Entrance to the land plots: yes, asphalt
• Electricity: there is no substation on the plot. ESO electricity networks near the plot, capacity according to the customer's needs
• Gas: ESO gas networks near the plot, d200
• Drinking water: networks near the plot, d200
• Water for fire extinguishing: networks near the plot, d200
• Rainwater drainage: available, networks near the plot, d800
• Domestic sewage: networks near the plot, d315
• Internet: networks near the plot, several fiber optic providers are available
• Infrastructure development fee: 0 EUR / sq. m

Existing buildings:

• none

Applicable planning documents:

• A local level planning document has been prepared for the area where the assets are located - Kaunas Free Economic Zone Detailed Plan, 2000-08-31, No. 44, complex No. T00065070:
• The area where the assets are located belongs to zone IIIa. Regulations set out in the detailed plan:
  • Use of the territory for priority production - TR, S, D
    • TR – assembly of vehicles
    • S – production of non-metallic, mineral products (except asphalt, cement, lime, gypsum)
    • D – wholesale trade, consignment warehouses, car sales, trailer transshipment terminals
  • Determined SAZ: 50-100 meters
  • Building density: 40-50%
  • Permissible height of buildings:
    • Industrial buildings: single floor
    • Offices: 1-4 floors
• The territory where the assets for sale are located falls within the Aerodrome Protection Zone (Chapter III, Section One).

Other information:

• Servitudes:
• Road servitude - the right to drive vehicles, use a footpath, drive cattle (servant)
• Servitude – the right to build, service, use underground and surface communications (dominant)
• Road servitude – the right to drive vehicles, use a footpath (dominant)
• The part of land plot (0.5 ha) at Oro parko st. 7 sub-lease rights has been transferred;
• Development possibilities: practical possibilities to develop up to 10,000-13,000 sq. m industrial real estate facilities.

Terms of purchase:

• Asking price: 420,000 EUR / ha + VAT
• Payment terms: subject to negotiation
• The date of the transfer of the sub-lease rights of the plots: subject of negotiation