Supermarket in the district of Braga.
Description
The total area of the supermarket is 1,553 m².
Transaction type: Asset Deal.
Financial performance
The annual income is 182,116 €.
The current yield is 6%.
Tenants
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 3 years (until April 30, 2023).
Location and nearby infrastructure
The property is located in a Portuguese village in the district of Braga. Braga is one of the largest municipalities in Portugal with about 180,000 inhabitants and with a population density per square kilometer of 1,000 people.
Some major brands are currently operating nearby, including Mini Preço, Intermarché and Continente.
