342 €/sq.m.
Income-Producing Retail Building for Sale, Efkarpia, Thessaloniki Approx. 4,670 m² built · Plot approx. 5,490 m² · Fully let · €1,600,000 A large-format retail building in Efkarpia, Thessaloniki, fully let to an established national retail chain and producing €108,000 a year in rent. At the asking price of €1,600,000 the gross initial yield is 6.75%, and the price equates to approx. €343 per m² of built area. The building stands on its own plot of approx. 5,490 m² with a large private car park, next to the Egnatia motorway. Key Features • Fully let: a trading store under a lease that began in May 2024 • Rent of €9,000 per month (€108,000 per year), indexed annually to CPI + 1% • Gross initial yield of 6.75% at the asking price • Approx. 4,670 m² of purpose-built retail and support space over basement, ground and first floor •<spa
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