New supermarket with a lease agreement for 25 years, Alicante, Spain

Additional information is provided after the signing of an NDA

New supermarket with a lease agreement for 25 years, Alicante, Spain

6,000,000 €
3,000 € /m²
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  • Total area
    2,000 m²
  • Yield
    5.5 %
  • Built in 
    2019
Details
Property parameters
  • Land area: 5,000 m²
  • 1-floor building
Financial performance
  • Annual income: 330,000 €
Tenants
  • Fully let
  • End of lease: 2044
Transaction costs
  • Broker: 5.0 %

A supermarket with a well-known retail chain tenant and a long-term lease agreement located in a densely populated area of Spain.

Description

The trading floor area is 2,000 m², the land area is 5,000 m².

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

The absolute annual income is 330,000 €.

The current yield is 5.5%.

Tenants

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.

Transaction costs

Brokerage fee is 5%.

Location

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.

  • 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 supermarkets for sale in Spain.

You can see more supermarkets for sale in Alicante elsewhere on our website.

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