Retail, 1984 sqm, Nea Smyrni

This is a six-storey residential building with a commercial component, with a total gross area of 1,984 sq.m., arranged across five above-ground floors and two basement levels, situated on a 375 sq.m. plot. The basement levels provide storage areas and essential operational facilities with direct access to the upper floors, efficiently supporting the functionality of the commercial space. The ground floor features a retail unit with frontage on a main road, offering high visibility and excellent accessibility. Its open-plan layout allows for optimal product display and smooth customer flow. The upper floors offer flexible spaces that can be configured as showrooms or specialized product areas, maximizing the building’s overall commercial potential. The property represents a high-quality investment opportunity with immediate and stable income, generating a monthly rent of €22,000 and an annual rental income of €264,000. The lease is scheduled to commence in Q3 2026, with a lease term of 14 years and an annual rent adjustment based on CPI + 1%, ensuring inflation protection and long-term income growth. The asset offers an attractive gross yield of 5.5%, making it suitable for both institutional and private investors. Constructed to high-quality standards, the property ensures long-term value preservation, income stability, and sustainable returns for the investor.