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3 530 000 €

Shop in Madrid, Spain, 1 300 m²
  • Shop in Madrid, Spain, 1 300 m² - picture 1
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  • Shop in Madrid, Spain, 1 300 m² - picture 1
  • Property ID on Prianproperty.com: 3386999
    Last update: 13.08.2024
    Number of views: 3456

3 530 000 €

Shop in Madrid, Spain, 1 300 m²

1300 sq.m 5.5% per year
Business on sale

  • Property ID on Prianproperty.com: 3386999
    Last update: 13.08.2024
    Number of views: 3456

Specifications

Sale price 3 530 000 €
Price per square meter 2 715.38 €
Floor area 1 300 m²
Construction phase Resale
Address Spain, Madrid
Business on sale

Finance

Profitability
Annual return 5.5 %

Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%

Annual income 194 150 €

Annual rental revenue, excluding operating expenses

Pay-off period 18 years

Rental income covers all the expenses in

Business expenses
Not included in the price
Commission fee 4 %

Description

-Total area of 1300 m2

- The tenant is one of the largest Spanish supermarket chains, founded in the 1970s, with more than 1,700 stores; the holding's revenue in 2020 amounted to 28 billion. euro.

- Lease agreement for 10 years, until 2030.

- Rental income per year 194,150 euros per year

- Yield 5.5 %

- Cost 3,530,000 euros + 4% broker's commission


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Representative

Elena Pinkhasik
Head of EU Direction
Languages: english
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Seller
Elena Pinkhasik Head of EU Direction

Intermark Global

Languages: english
Contact seller
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