Yield : 5.5%
This supermarket is located in Alenquer in Portugal and is currently let to a major privately owned supermarket chain with hundreds of stores across the nation. This award-winning supermarket is renowned for its fresh produce and ready meals.
– Selling price: €2,319,105
– Annual rent: €127,551 (+ VAT)
– Gross yield: 5.5%
– GLA: 5,725 sqm
– Duration: 6 years
– End of lease: 30th June 2026
– Deal type: Asset deal
This 5,725 sqm supermarket is let to an AAA client for six years and the lease is set to end on 30th June 2026. With an annual rent of €127,551 (+ VAT), this commercial property has a gross yield of 5.5%.
With a blue-chip tenant occupying the property and a convenient location, this supermarket represents a stable retail investment even in these times of uncertainty.
This supermarket is located in Alenquer, a municipality which belongs to the Lisbon district. Alenquer is home to 43,000 inhabitants and is renowned for its beautiful landscapes and nativity scene which is a significant tourist attraction during the Christmas season.
Lisbon is complex and unique and until recently wasn't seen as the obvious choice for property investment, but in the past few years, it has seen a dramatic increase in popularity. Paris, London, Berlin, Rome are all cities that have a clear identity and cultural offering. Often thought of as the San Francisco of Europe, Lisbon is undergoing a m...