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FOR SALE
EXCLUSIVE
POPULAR

Retail, 2000 sqm, Nea Philadelfia

#59619
Athens-West, Athens-West-Nea-Philadelfia-Alsos
2.000 sqm

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Filippos Lymperis|+30 210 68 12 500
Property
Description of the property
New Philadelphia – Let Supermarket Investment 6.9% Gross Yield

Income-producing investment property with a long-term lease to an established supermarket operator.

Located in a highly commercial and well-established area of New Philadelphia, Athens, this investment property comprises approximately 2,000 sq m and has been let to an established supermarket operator since 2009, with the current lease running until 2030.

Key Investment Highlights

* Total area: 2,000 sq m
* Tenant: Established supermarket operator
* Lease term: Until 2030
* Annual rent: €310,572 + VAT
* Annual rent review: CPI-linked
* Asking price: €4,500,000
* Gross initial yield: 6.9%

The property represents a stabilised income-producing asset, offering a long-term occupational profile and predictable rental income from an established retail tenant.

The combination of a long-standing lease, CPI-linked annual rent reviews and a 6.9% gross initial yield makes the asset suitable for investors seeking exposure to income-producing commercial real estate with stable rental cash flows.

The property is of potential interest to private investors, family offices, real estate investment companies and institutional investors seeking income-producing assets in the Athens market.
Extra information
GENERAL
Completion status
Completed
Occupancy status
Long term rental
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