Net-Leased Freestanding Hypermarket

Freestanding, single-tenant, ±5,300-sq.m retail building siting on a 21,600 sq.m lot and fully leased to one of the largest food retailers in Portugal. The property features excellent visibility at the signalized intersection, with a combined average daily traffic count of more than 33,000 vehicles. Additionally, a bus stop is located directly in front of the building. The property is leased until 2036 without break option for tenant. Annual rent € 471,937. The lease is corporately guaranteed by the tenant which holds a AAA credit rating. The property is located in the western part of Portugal and will be sold as an asset deal.