FOR SALE
Retail, 561 sqm, Agios Dimitrios
#59618Athens-South, Athens-South-Agios-Dimitrios-Center
561 sqm
Property
Description of the property
Agios Dimitrios – Let Supermarket Investment 6.3% Gross Initial Yield
Income-producing commercial property with a long-term lease to an established supermarket operator.
Located in a well-established commercial area of Agios Dimitrios, Athens, this investment property comprises approximately 551 sq m plus mezzanine and is let to an established supermarket operator.
Key Investment Highlights
* Total area: 551 sq m + mezzanine
* Tenant: Established supermarket operator
* Lease term: Until 2033
* Annual rent: €60,000
* Annual rent review: CPI-linked
* Asking price: €950,000
* Gross initial yield: 6.3%
The property represents a stabilised income-producing commercial asset, offering an established tenant, long-term rental income and a clearly defined investment profile.
The combination of the lease term through 2033, CPI-linked annual rent reviews and a 6.3% gross initial yield makes the property suitable for investors seeking stable rental income from an established retail operator.
The asset may be of interest to private investors, family offices, real estate investment companies and other investors seeking income-producing commercial property in the Athens market.
Income-producing commercial property with a long-term lease to an established supermarket operator.
Located in a well-established commercial area of Agios Dimitrios, Athens, this investment property comprises approximately 551 sq m plus mezzanine and is let to an established supermarket operator.
Key Investment Highlights
* Total area: 551 sq m + mezzanine
* Tenant: Established supermarket operator
* Lease term: Until 2033
* Annual rent: €60,000
* Annual rent review: CPI-linked
* Asking price: €950,000
* Gross initial yield: 6.3%
The property represents a stabilised income-producing commercial asset, offering an established tenant, long-term rental income and a clearly defined investment profile.
The combination of the lease term through 2033, CPI-linked annual rent reviews and a 6.3% gross initial yield makes the property suitable for investors seeking stable rental income from an established retail operator.
The asset may be of interest to private investors, family offices, real estate investment companies and other investors seeking income-producing commercial property in the Athens market.
Extra information
GENERAL
Occupancy status
Long term rental
Fast & hassle-free mortgage pre-approval with e-stegastiko
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Useful information
Proximity
Subway station - Ilioupoli • Grigoris Lambrakis
385m
5m drive
8m walk
Airport - Athens International Airport
18km
35m drive
1h PT
Port - Piraeus Port
9km
26m drive
53m PT
Beach - Macaw Beach Bar
4km
14m drive
28m PT
54m walk
Park - Ymittou Park
3km
9m drive
45m walk
Points of interest
