The Beckett Building East Wall Road, East Wall, Dublin 3

The Beckett Building East Wall Road, East Wall, Dublin 3

POA

188229 Sq.ft

The Beckett Building East Wall Road, East Wall, Dublin 3

POA

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Beds
Price	POA
Property Type	Investment Property
Size	meters²
Energy Rating	BER-C1
Refreshed on
Eircode
Group Name	Colliers (Commercial)
Sales License Number	001223

Description

The property is laid out as modern Grade A office accommodation over six floors with roof top terraces and generous wrap around balconies that offer unrivalled views of the Dublin skyline. Developed in c. 2007 the building was substantially upgraded in advance of Meta’s lease commencement in August 2017. Extending to a total NIA of 17,487 sq m (188,228 sq ft), the building offers superb tenant amenities on site, together with 400 designated bicycle spaces and 77 car parking spaces. Location Located in the North Docks in Dublin 3, within a c. 10-minute walk of the Point Square, The 3 Arena, The Convention Centre and the LUAS Red Line. The wider North Docklands location has seen unrivalled investment and regeneration in recent years and now comprises an extension to the CBD. Tenancy Fully leased to Meta Platforms Ireland Limited at a passing rent of approx. €5.75m per annum. Meta have vacated the building but remain responsible for rent and all outgoings up to their break option in July 2027 – c. 3.3 years’ time.

Features

• Located on East Road, in the East Wall area of Central Dublin. • Comprises a modern, six storey over basement office building, extending to 17,487 sq m (188,228 sq ft) with 77 car parking and 400 bike spaces. • Let in its entirety to Facebook Ireland Limited, guaranteed by Facebook, Inc. (now Meta Platforms Ireland Limited). • 15 year lease from 1st August 2017, with rent reviews every five years and a tenant break option at the end of the tenth year – 31st of July 2027. • Passing rent of €5,752,185 per annum, €29.33 psf and €3,000 per car parking space. • Site area of approx. 0.46 ha (1.14 acres) on land ‘zoned Z14 - Strategic Development and Regenerations Areas’. • Suitable for a number of alternative living uses (SPP).

BER Details

BER: C1

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Description

The property is laid out as modern Grade A office accommodation over six floors with roof top terraces and generous wrap around balconies that offer unrivalled views of the Dublin skyline. Developed in c. 2007 the building was substantially upgraded in advance of Meta’s lease commencement in August 2017. Extending to a total NIA of 17,487 sq m (188,228 sq ft), the building offers superb tenant amenities on site, together with 400 designated bicycle spaces and 77 car parking spaces. Location Located in the North Docks in Dublin 3, within a c. 10-minute walk of the Point Square, The 3 Arena, The Convention Centre and the LUAS Red Line. The wider North Docklands location has seen unrivalled investment and regeneration in recent years and now comprises an extension to the CBD. Tenancy Fully leased to Meta Platforms Ireland Limited at a passing rent of approx. €5.75m per annum. Meta have vacated the building but remain responsible for rent and all outgoings up to their break option in July 2027 – c. 3.3 years’ time.

Features

• Located on East Road, in the East Wall area of Central Dublin. • Comprises a modern, six storey over basement office building, extending to 17,487 sq m (188,228 sq ft) with 77 car parking and 400 bike spaces. • Let in its entirety to Facebook Ireland Limited, guaranteed by Facebook, Inc. (now Meta Platforms Ireland Limited). • 15 year lease from 1st August 2017, with rent reviews every five years and a tenant break option at the end of the tenth year – 31st of July 2027. • Passing rent of €5,752,185 per annum, €29.33 psf and €3,000 per car parking space. • Site area of approx. 0.46 ha (1.14 acres) on land ‘zoned Z14 - Strategic Development and Regenerations Areas’. • Suitable for a number of alternative living uses (SPP).

BER Details

BER: C1

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Colliers (Commercial)

Tel: 01 63...

PSRA Licence No. 001223

Date created: May 8, 2024