Asset Investment: Building for sale in Malaga (Sale & Leaseback with 7,16% R.O.I.)
Building located in Malaga, which is for sale ("off-market" sale).
A building with a total surface area of 6000 m². Additionally has an area of 1,000 m² of private parking, a total of 100 parking spaces that are included in the property sale operation.
Currently rented and with contracts in force since 2022, to three different companies of maximum solvency:
- The contract of the first company is for 10 years with two years of mandatory compliance
- The contract of the second company (which occupies the rest of the building with the exception of the basement) is for 10 years with mandatory compliance of five years
- The third company (from the basement) is the only one that does not have a binding contract
To adapt the building to highest-class rental level, an investment of 800000 Euros has been made in the property.
Sale price: 5585000 Euros
Annual rent: 400000 Euros
Annual return: 7.16%
For more information: Letter of Interest and P.O.F.