1092 Budapest, Ferenc Boulevard 2–4th Floor, Door 1

The commercial property located at 1092 Budapest, Ferenc körút 2–4. is located in one of the busiest urban nodes of Budapest's 9th district, Belső-Ferencváros, in the immediate vicinity of the intersection of Ferenc körút and Ráday utca. The area is an outstanding commercial and hospitality area, where shops, restaurants, service units, offices and residential buildings can be found. The location has excellent public transport connections, trams 4 and 6, as well as the M3 and M4 metro lines are within a few minutes' walk, so the property can be considered one of the most accessible commercial locations in Budapest. The significant pedestrian traffic and the continuous commercial activity of the Grand Boulevard provide outstanding business potential in the long term.

The property is a part of the property, representing a 46/100 ownership share, in the exclusive use of FUNDUS Vagyonkezelő Zrt., which is clearly delimited independently and in nature by the usage agreement concluded with the co-owners. The business premises for the exclusive use of FUNDUS have a floor area of 520 m², of which 452 m² are ground floor areas and 68 m² are gallery level areas. Based on the usage agreement, this area forms a single commercial unit with an independent street entrance, which is exclusively for the use and utilization of FUNDUS in proportion to the ownership share.

The business premises are located on the ground floor and gallery level of a traditional-structure apartment building built around 1910. The building was built with brick load-bearing walls, reinforced concrete slabs, wooden roof trusses and a high roof covered with tiles. Its facade is plastered and maintained, the building is in good technical condition. The property has full utilities, heating is provided by a gas boiler and radiator heat emitters, and it is also air-conditioned and equipped with a modern air-conditioning system. The electrical network, mechanical engineering, coverings and interior design are continuously maintained, so the store is perfectly suited to modern retail activities even in its current state.

The interior design of the store is adapted to the needs of the drugstore trade. The large, continuous ground-floor sales area is directly connected to the service and background function on the gallery level, which enables efficient merchandise management and operation. The street-facing portals provide excellent visibility towards Ferenc Boulevard, one of the busiest commercial routes in Budapest.

The property is located in the L2-FR, an institutional and typically closed-row urban development zone of the capital, which primarily allows for the joint placement of commercial, office, service, catering and residential functions. The environment is fully built-up, with an established urban structure, therefore the value of the property is primarily determined by the outstanding location, high pedestrian traffic and long-term sustainable commercial utilization. The development potential lies primarily in internal modernization and functional development of the store, and there is no significant expansion opportunity due to the established urban fabric.

The property is fully utilized, with 100% utilization, under a long-term lease agreement. The exclusive tenant is dm Kft., which operates one of the most significant drugstore chains in the country. The store has been operating with the same function for more than a decade, and the lease provides the owner with stable and predictable income. The current use is in accordance with the characteristics of the property and the surrounding commercial environment, which also represents a favorable investment background in the long term.

There have been no changes in the technical condition, utilization, and environment of the property in recent years that would adversely affect its market position. Thanks to the continuous maintenance, excellent location, and stable tenant background, the property can still be considered one of the valuable commercial properties on the Grand Boulevard that can be utilized well in the long term. The most important investment advantages of the property include the outstanding location on the Grand Boulevard, the high pedestrian traffic, the excellent public transport connections, the large, continuous retail space, and the stable, national retail chain in the person of dm Kft., which ensures predictable and secure rental income in the long term. The premium location, the full occupancy rate and the good technical condition together result in outstanding value stability and low investment risk.