Namsan N Tower Sales

53-24 Chungmuro 2(i)-ga, Jung District, Seoul, South Korea, Seoul, Seoul, 04553, KR

Description

Customized Office for End-Users

This asset is an office building with a total floor area of approximately 16,500㎡ and a leasable area of approximately 8,250㎡, making it an ideal size for corporate headquarters use. In particular, with high visibility, it can maximize advertising effects through corporate signage and digital billboards on the building facade.

Additionally, features that all tenants would appreciate - unobstructed views of Namsan Mountain, convenient self-parking for 73 vehicles, cafeteria and retail spaces - allow for space planning tailored to corporate headquarters users' requirements.

As such, this asset is highly attractive for tenants seeking approximately 6,600-9,900㎡ of leasable space in CBD offices, offering advantages in terms of acquisition cost, headquarters convenience, advertising effects, and potential capital gains upon future sale.

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Attributes

Building area gross

20,868 sm

Year built

2025

Land area gross

1,739 sm

Media

Investment highlights

Rare Investment Opportunity to Acquire a New-Build Asset in CBD

This asset is a new-build office building scheduled for completion in 2025, located in CBD, one of Seoul's three major office districts. The CBD district is Seoul's traditional business hub with abundant tenant demand from large corporations' headquarters, financial institutions' headquarters, multinational companies, and major government offices.

With Seoul Metropolitan Government at its center, supply is also expanding, and the status of the CBD district is expected to rise further in the future. Moreover, the majority of offices under development within the CBD district are scheduled for completion after 2028, making this asset, which will be delivered in 2025, extremely rare.