Supermarket with a well-known retail chain tenant.
Description
The total area of the supermarket is 1,489 m².
Deal Type: Asset Deal.
The annual income is 127,551 €.
The current yield is 5.5%.
The tenant is a well-known European retail chain of grocery supermarkets and restaurants, with more than 400 stores throughout Portugal.
The lease agreement is valid for 6 years (until July 31, 2025).
Monsaraz is a civil parish of the municipality of Reguengos de Monsaraz, on the right margin of the Guadiana River in the Portuguese Alentejo region, near its border with Spain.
Some major retailers are currently operating nearby, namely an Intermarché and a Lidl supermarket.