Grocery Store

Lisboa, Lisboa Portugal

$1,600,000

Price

365 sqm

Building Size

100%

Occupancy

Overview
Building Size
365 sqm
Occupancy
100%
Class
C
Lease Type
Single Net
Tenancy
Single
Lease Expire Year
30/09/2037
Description

Commercial store with 365 sq.m located in a highly trafficked street of Lisbon and fully leased to a grocery store since 2012 . The tenant, executed a 25 year lease with the option to extend the lease for another 10 years. The store is a ground floor unit of a residential development, build in 1984.

The property is highly visible as it is strategically positioned on the signalized intersection with aprox 45,000 cars per day.

Subject offering represents an ideal opportunity for “passive” investor to attain the fee simple ownership of a income generating property.

Due to confidentiality reasons, further details such as location, photographs and price will be available on request.

This investment opportunities allow to qualify for Portuguese residence permit (Golden Visa)
Image shown in the listing is for marketing purpose. Please contact our sales team for further information.

Highlights
  • Corporate lease guaranty
  • Dense residential and retail area
  • Minimal landlord responsibilities
  • Long term 25-years lease

Location
Gallery