New supermarket, Madrid, Spain

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New supermarket, Madrid, Spain

14,500,000 €
£12,266,000
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  • Yield
    4.55%
  • Built in 
    2024
Details
Financial performance
  • Annual income: 660,000 €
Tenants
  • Fully let
  • End of lease: 2064
Transaction costs
  • Broker: 3.0%

Description

The supermarket under construction.

Completion — 2024.

Financial performance

The annual income is 660,000 €.

The yield is 4.55%.

Tenants

The property is fully let. The tenant is a major supermarket chain.

The tenancy contract has been concluded from 2024 till 2064 (20-year mandatory performance).

Transaction costs

The brokerage fee is 3%.

Location and nearby infrastructure

The property is located in Madrid.

Madrid is the capital and most populous city of Spain. The city has almost 3.3 million inhabitants and a metropolitan area population of approximately 6.5 million. It is the second-largest city in the European Union.

Madrid is the 5th most important leading Centre of Commerce in Europe (after London, Paris, Frankfurt and Amsterdam) and ranks 11th in the world.

Madrid-Barajas International Airport is the largest in Spain; it serves about 45 million passengers annually.

More properties

If this ad doesn't suit you, have a look at the other supermarkets for sale in Madrid (city).

All ads in the country: supermarkets for sale in Spain.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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