Av. dos Cavaleiros 35, Carnaxide, Lisboa, 2790-045, PT

JumpYard Alfragide

Attributes

Building area gross

33,906 sf

Occupancy

100%

Year built

1994

Land area gross

80,729 sf

Units

WAULT

15 years

Ceiling height

32.81 ft

Lease type

Absolute Triple Net

Asset description

The asset is located in Alfragide and consists of a stand-alone warehouse with gross construction area of 3,150 sqm for a total land area of 7,500 sqm.

Constructed in the mid 90’s, it benefits from a ceiling height of c. 10 meters and wide outside area for parking.

Currently it houses a trampoline fun park, as the open layout permits.

Total Land Area - 7.500 sqm
Gross Construction Area - 3.150 sqm
Occupancy Rate - 100%

...

Investment highlights

JLL is delighted to present Jump Yard in Miraflores, an outstanding opportunity in the leisure landscape.

The asset gives investors the opportunity to invest in an alternative and solid business through a Real Estate transaction.

Mixed-Retail Cluster - A bustling location, with a mix of retail, I&L, and residential
Fast Growing Industry Sector
Long-Term Income
Sustainable Rental Rate

The indicative Head of Terms for this Sale & Leaseback are:

Annual Rent - c. € 325.000
Rent / sqm / month - € 8,60
Lease Term - 15 years
Triple Net Contract - Insurance, Property Tax, and Maintenance are covered by the tenant
Guarantees - Bank Deposits + Comfort Letter and Strong FInancials