Supermarket with a well-known chain tenant and long-term lease, Galicia, Spain

Additional information is provided after the signing of an NDA

Supermarket with a well-known chain tenant and long-term lease, Galicia, Spain

3,350,000 €
3,400,000 €
797 € /m²
£2,883,000
£2,926,000
£686 /m²
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  • Total area
    4,200 m²
  • Yield
    6.4%
Details
Property parameters
  • 2-floor building
Financial performance
  • Annual income: 214,000 €
Tenants
  • Fully let
  • End of lease: 2056
Transaction costs
  • Broker: 5.0%

Supermarket with a well-known chain tenant in the Autonomous Community of Galicia.

Description

The total area of the building is over 4,200 m² (supermarket 2,000 m² + underground parking 2,200 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 annual income is 214,000 €.

The yield is 6.4%.

Tenants

The tenant is one of the largest supermarket chains in Spain with over 1,500 stores.

Transaction costs

Brokerage fee is 5%.

Location and nearby infrastructure

The property is located in the Autonomous Community of Galicia.

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    Marina Filichkina,
    Head of Sales
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