Commercial premises 3772 m²

Commercial Property (Supermarket) in Barcelona, Spain

- Located in the Sarriá-San Gervasi district of Barcelona, this commercial property is situated near Lesseps Square.
- The area is well-integrated into the public transportation system of Barcelona, with metro, bus, and suburban train stops within walking distance.
- Surrounding the property are various small shops and recreational areas, making it an ideal location for attracting customers.
- The property occupies a total area of 3,772 square meters, with 1,531 square meters on the ground floor and 2,241 square meters in the basement.
- The tenant of the premises is a well-known Spanish supermarket chain that has been in the market for over 45 years.
- In 2007, the company was acquired by one of the leaders in the Spanish retail industry.
- Currently, the supermarket operates in two formats: hypermarket (ranging from 6,000 to 12,500 square meters with over 50,000 product SKUs) and supermarket.
- Gross profitability stands at 5.98%, while net profitability is at 4.97%.
- The lease agreement for the property is in effect until 2029.