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Edificio Bandeira - Vigo

Rua de Jenaro de la Fuente, Vigo, 36206, ES

Edificio Bandeira - Vigo_Property for Sale

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Edificio Bandeira - Vigo 2_Property for Sale

Asset description

Iconic building, with over 13.700sqm built area, located in the city centre of Vigo, let to Mercadona and McFIt.


Strategically well located in Avenida de Aragon, 19, in the junction between N-556,

Aragón Avenue and Jenaro de la Fuente that links to Rua do Travesia de Vigo.


The building has 134 parking spaces.


WALT over 8 years, sustainable rents, with potential upside by letting 1.100 sqm that are currently vacant in the ground floor, with direct access from the street.

Attributes

Asking Price
$10,326,000
Building area gross
82,129 sf
Occupancy
85.00%
Year built
2015
Number of units
3 units
Tenure
Freehold

Investment highlights

Commercial building, let to Mercadona and McFit


WALT over 8 years


Sustainable rents


Asset 100% owned by vendor


Vacancy of 1.100 sqm in the ground floor, with direct access from the street


134 parking spaces


13.725sqm built area

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Last updated
Nov 30, 2022