Premises rented to Mercadona supermarket in the province of Valencia (Onteniente).

Total area – 5 297 sq. m. the Building was built in 2000. There is Parking for customers. Mercadona-one of the largest and most popular supermarket chains in Spain: there are departments of products, household chemicals, household goods. Mercadona is a family business founded in 1977. It occupies about 23 % of the country’s market. The number of Mercadona supermarkets in all Spanish provinces is more than 1,600. It is expected that in 2019 the company will reach the international level and open its first store in Portugal. Onteniente is a municipality in Spain, part of the province of Valencia within the Autonomous community of Valencia (Autonomous community). The municipality is a part of the district (Comarca), Valle de Albaida. City area 125,43 sq. km Population – 35 300 inhabitants. The population density of 282 people per sq km. A supermarket is located in a densely populated residential area. The cost of the object – 3 500 000 euros. The lease agreement is valid from 2052. The term of compulsory execution is until 2022. Profitability of the object: 5.8 % per annum. Annual rental income-203 853 euros + VAT. Monthly rental income-16 988 Euro + VAT. The sale price per sq.m. of this object is 660,82 euros. Selling price of commercial premises in the area where the object is from 400 to 820 Euro per sq m rent Price of commercial premises in the area where the object is from 2.80 to 3.90 euros per sqm per month. The cost of renting this object is 3,20 euros per square meter.M. per month. The documents are ready to deal. Additional information is available upon request.