A package of 4 chain supermarkets in the provinces of Valencia and Alicante.
Description
Four supermarkets leased by a major chain.
The area of each store is from 2000 m².
The yield is 5%.
The premises are fully leased. The tenant is a large well-known supermarket chain.
The lease agreements are concluded for a period of 30 years.
Brokerage fee is 3%.
The properties are located in the provinces of Valencia and Alicante, which are part of the Autonomous Community of Valencia.
The Valencian Community is an autonomous community of Spain. It is the fourth most populous autonomous community. It is located along the Mediterranean coast on the east side of the Iberian peninsula. The population is about 5 million people.
In addition to tourism, the Valencian Country has significant exports, and it ranks second in this respect among the Spanish autonomous communities, constituting 12% of the national total.
