A supermarket with a well-known retail chain tenant and a long-term lease agreement located in a densely populated area of Spain.
The trading floor area is 2,000 m², the land area is 5,000 m².
The absolute annual income is 330,000 €.
The current yield is 5.5%.
The tenant is a large chain of discount stores with more than 10 thousand stores in 18 countries. The company's annual turnover exceeds 50 billion euros.
The lease agreement is valid for 25 years.
Brokerage fee is 5%.
Alicante is a resort town in eastern Spain, the center of the province of the same name. It is considered the capital of the eastern Spanish coast and the main resort of the Costa Blanca. The population of the city is more than 300 thousand people.
Alicante is a place where you can find almost everything a tourist needs: sea and white sandy beaches, rich history and attractions. Its symbol and main historical landmark is the medieval castle of Santa Barbara on Mount Benatankil.
One of the highlights of Alicante is its famous festival called Las Hogueras de San Juan or the Bonfires of St. John.