Corner Store with Rental Income | Lisbon Downtown
$3,000,000
Rua Augusta, Lisboa, Lisboa, Portugal
For Sale
Retail
Restaurant
Active
Last Updated: 12/05/2023
4.75
Cap Rate
280 sqm
Building Size
Details:
Cap Rate: 4.75%
Building Size: 280 sqm
Occupancy: 100%
Class: A
Lease Type: Single Net
Year Built: 2018
Tenancy: Single
Gross Leaseable Area: 280
Investment Strategy: Core
Lease Expire Year: 30/01/2028
Highlights:
- Prime location
- Excelent visibility
- High traffic of pedestrians and cars
Description:
Corner store with rental income in Lisbon prime area.
Subject property has 280 sq.m. and is leased for 10-years to a strong tenant.
Lease started in 2018.
The property is located only 2 minutes walking distance from subway, train, ferry and bus station.
A highly trafficked street of Lisbon which provides low vacancy risk.
Subject property represents an ideal opportunity for investors looking for rental income and capital appreciation.
This investment opportunities allow to qualify for Portuguese residence permit (Golden Visa)
More information to be provided upon request.
Location
Gallery
