Block 2 The Campus, Cherrywood Business Park Dublin 18

Block 2, The Campus, Cherrywood, Loughlinstown

Description

Situated in the thriving Cherrywood Campus, which occupies a prime position in one of South Dublin's most ambitious development areas, just 13km from Dublin city centre.

Block 2 Cherrywood comprises a 3 storey, detached modern office building extending to 54,627 sq. ft. (5,075 sq. m.), with 90 car spaces. Strategically positioned just 500m from Bride's Glen LUAS Green Line station offering unparalleled public transport accessibility.

The building features a central atrium providing bright, efficient, and adaptable accommodation, with floor plates ranging from approx. 17,700 sq. ft. – 18,700 sq. ft. The office floors are predominantly open-plan offices, with perimeter glazed cellular offices.

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Caractéristiques de l'actif

Surface de l'actif Net

5 075 m²

Année de construction

1999

Média

Points clés d'investissement

3 story office building
90 car spaces
Raised access floors
Suspended ceilings
2 x 10 person passenger lifts
Fully fitted shower facilities
Recessed light fittings
Variable air volume (VAV) air conditioning
Fully fitted toilets

Tenancy Details

Long-term single tenant ‘Dell Technologies’ fully occupy Cherrywood's Building 2 and serves as their European Headquarters. Dell Technologies have recently introduced a requirement that all employees have to be in the office 5 days a week.

Lease Terms: Current lease has been extended and varied via deed of variation to run until May 26th 2036.
Break Option: There is a break option on November 30th 2034 with 12 months’ notice and a 1 month rent penalty.
Rent Reviews: Market reviews on May 27th 2026 & May 27th 2031.
Rent Free: 8 months’ rent-free commencing August 1st 2026 which will be underwritten by the vendor.
Parking: 90 dedicated car spaces.
Mast Income: Additional income of €10,000 per annum is generated from a licence for Vantage Tower.