Supermarket with a long-term lease in Murcia.
Description
The area of the property is 4,000 m².
Financial performance
The annual income is 184,000 €.
The yield is 6.6%.
Tenants
The property is fully let.
The lease agreement is valid until 2044.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
The supermarket is located in Murcia.
The city of Murcia is the administrative center of the autonomous community of Murcia and the eponymous province. The population of the city is more than 440,000 people (the 7th place in Spain).
The main component of the economy of the province of Murcia is agriculture.
Deliveries of vegetables, fruits and flowers to Spain and the rest of Europe make up a big part of the budget of Murcia. In this regard Murcia is often called the ”European garden“.
