Description
The supermarket under construction.
Completion — 2024.
The annual income is 660,000 €.
The yield is 4.55%.
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).
The brokerage fee is 3%.
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.