№ 1,853,109

Supermarket 2,700 m² in Setubal (city)

8,961,000 €
3,318 € /m²
  • Total area 2,700 m²
  • Yield 6.0%
  • Lease term 2037
  • Constructed  2017
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Anastasia Morozova
Anastasia Morozova
Investment consultant in Setubal (city)
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    Key project parameters
    Total area
    2,700 m²
    Number of parking lots
    82
    Constructed 
    2017
    Project description

    Supermarket with a well-known retail chain tenant.

    Description

    The total area of the supermarket is 2,700 m².

    Tenants
    Agreement
    Yes
    End of lease
    2037

    The tenant is a well-known European supermarket chain with more than 500 stores.

    The lease agreement is valid for 20 years, renewable every 5 years (from 2017 to 2037).

    Financial performance
    Yield
    6.0%

    The annual income is 537,000 €.

    The yield is 6%.

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    Transaction costs

    Brokerage fee.

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    Location and nearby infrastructure

    Setubal is a vibrant port city and a major center of the fishing industry. The population of the city is about 90 thousand people.

    Setubal is a city that has always been closely connected with the sea, there is a renewed and restored promenade that surrounds the fishing harbor, the popular city park and the ferry terminal of the Troy Peninsula. The historical center of the city is a labyrinth of narrow streets, hidden squares and family shops. There is also the largest fish market in Portugal.

    Setubal on the one hand is surrounded by national mountain parks, and on the other it stands at the mouth of the picturesque Sadu River.

    Lisbon is 30 km away.

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    If this ad doesn't suit you, have a look at the other supermarkets for sale in Setubal (city).

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    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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      Anna Vorobyeva,
      Head of Commercial Property Department
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