Commercial building near the center of Venice, Italy

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Commercial building near the center of Venice, Italy

28,100,000 €
1,619 € /m²
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  • Total area
    17,347 m²
  • Yield
    7.0 %
  • Rental rate (m²/month)
    9 €
Details
Financial performance
  • Annual income: 1,960,000 €
Tenants
  • Fully let
  • End of lease: 2033

Building near the center of Venice with a long-term lease agreement.

Description

The building is in an excellent condition, modern and high quality materials are used for decoration.

Inside the building there is strategic equipment for telephony operation.

Tenants

Anchor tenant is the largest mobile operator in Italy.

The lease agreement is valid until 2033. After the expiration of the current contract, the tenant wants to extend the contract with the owner for the same long period.

Location

The property is located near the center of Venice, there are several educational institutions, hotels, a restaurant and a supermarket nearby.

Venice is a city in northeast Italy, the capital of the province of Veneto. It's included in the list of UNESCO World Heritage Sites, it is one of the most unique and famous cities on the planet, whose historical center is built on 118 islands of the Venice lagoon. The population of the city is about 270 thousand people.

This is a major tourist and scientific-educational center. There is a seaport and Marco Polo International Airport, oil refineries and other plants. The famous Venice Carnival and the Venice Film Festival take place here.

Venice annually receives about 20 million tourists and over 600 cruise liners.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in Italy.

You can see more mixed-use buildings for sale in Veneto elsewhere on our website.

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