- 27,285,000 €
- 4.7% yield
- Alicante Supermarket 7,200,000 €
- Basic parameters
- Photo
№ 1,824,051
Supermarket 4,100 m² in Alicante
7,200,000 €
1,756 € /m²
- Total area 4,100 m²
- Yield 6.0%
- Lease term 2044
- Constructed —
Key project parameters
- Total area
- 4,100 m²
Project description
A supermarket with a well-known terail chain tenant and a long-term lease agreement in the city center.
Description
The area of the trading floor is 2,200 m². The underground parking area is 1,900 m².
Overhaul was completed in 2018.
Tenants
- Agreement
- Yes
- End of lease
- 2044
The tenant is one of the largest supermarket chains in Spain with over 1,500 stores.
The lease agreement is valid for 25 years.
Financial performance
- Yield
- 6.0%
The absolute annual income is 432,000 €.
The current yield is 6%.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
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.
More properties
If this ad doesn't suit you, have a look at the other supermarkets for sale in Alicante.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
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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