- Alicante Supermarket 5,350,000 €
- Basic parameters
- Photo
№ 1,841,372
New supermarket and gas station, Alicante, Spain
5,350,000 €
2,326 € /m²
- Total area 2,300 m²
- Yield 5.8%
- Lease term 2028
- Constructed 2018
Key project parameters
- Total area
- 2,300 m²
- Number of parking lots
- 100
- Constructed
- 2018
Project description
Supermarket and gas station with well-known chain tenants.
Description
The supermarket was opened in 2018. The area of the property is 2,100 m². There is parking for 100 cars on site.
The gas station was opened in December 2019. The area of the property is 200 m².
Tenants
- Agreement
- Yes
- End of lease
- 2028
The supermarket tenant is a large well-known chain with more than 10,000 stores in 20 countries. The annual turnover of the company is more than 50 billion euros. Mandatory rental agreement is valid for 10 years until August 2028, with a payment of 264,000 € per year + VAT.
The gas station tenant is the Spanish chain with about 50 stations across Spain.
Financial performance
- Yield
- 5.8%
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 the most popular province of Spain among foreigners – last year, 50% of local house purchases were made by foreigners. In addition, there is one of the largest airports in the country, serving up to 13 million passengers per year.
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- annual yield
- From 10%
- exit period
- 3 years
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At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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