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Drive-Thru Fast Food | 29-year lease

86%

€895.000

Retail

#34144

Core

19 Mar 2024

Property Details

Broker

For sale

2,845 m²

Leasable area

314 €/m²

5.50 %

1

Freehold

X

Fees

1.50 %

1.50 %

1.50 %

1.00 %

0.50 %

Investment Overview

RENTAL INCOME PROPERTY!! Newly constructed, drive thru retail building on a sizable 2,845 sqm lot. The property is leased to a multinational fast food chain for a long term, extending to 2052. The lease benefits from annual rent increases tied to CPI, guaranteeing consistent income growth. Per the lease terms, tenants is responsible for roof, structure, maintenance, equipment and utilities. The property boasts a prime location on a high-traffic intersection with over 65,000 vehicles passing daily.