430 000 €
430 000 €
Profitability | |
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Annual return | 7.7 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
Business expenses | |
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Not included in the price |
112 m2 store with a network tenant, long-term lease agreement. Located in the Espoo area, good pedestrian and car traffic. The price has been reduced from 490,000 to 430,000, the rental yield is 7.7% per annum, the contract is at least until the end of 2027 with an extension.
The tenant is a chain of convenience stores, part of the Reitan Group, with more than 700 R-kioski stores operating in Finland.
OTHER INFORMATION:
If desired, it is allowed to change the usage from retail to a restaurant in the city of Espoo.
The city of Espoo is building high-rise apartment buildings and hotels on neighboring sites
430,000 euros + transaction costs.
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