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Calle Recreo, 10 43,960 SF Retail Building Béjar, Salamanca 37700 $2,865,228 ($65.18/SF) 6.50% Cap Rate
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Investment Highlights
- Commercial asset with profitability in Béjar (Salamanca) with a long-term lease contract until 2038.
- Total area of 4,082 m2 distributed across the ground floor and basement, fully adapted for commercial use.
- Top-tier tenant: Alcampo, a well-established operator in the retail sector.
- Net yield of 6.5% with a rent of €14,000/month and annual adjustments according to the CPI.
Executive Summary
Commercial property at C/ Recreo nº 10, Béjar (Salamanca), a town with 11,957 inhabitants according to INE 2024, located in a well-established area with good foot traffic. This is an excellent sales opportunity with a tenant, ideal for investors seeking stable returns and a long-term contract.
The property is leased to Alcampo, a leading operator in the food distribution sector, providing solvency and security to the investment. The contract has a total duration of 30 years (expiring on 03/17/2038) with a mandatory compliance period until 12/01/2030. The current rent is €14,000 per month, with annual updates according to the CPI, and a security deposit of €30,000.
The asset has a total area of 4,082 m2, distributed over 2,041 m2 on the ground floor and 2,041 m2 in the basement, configured for commercial use. In terms of expenses, the owner only covers the property tax (IBI) of €9,889.95 annually.
The sale price is €2,430,000, offering a net annual return of 6.5%, making this an attractive investment opportunity with recurring income backed by a well-established operator.
The property is leased to Alcampo, a leading operator in the food distribution sector, providing solvency and security to the investment. The contract has a total duration of 30 years (expiring on 03/17/2038) with a mandatory compliance period until 12/01/2030. The current rent is €14,000 per month, with annual updates according to the CPI, and a security deposit of €30,000.
The asset has a total area of 4,082 m2, distributed over 2,041 m2 on the ground floor and 2,041 m2 in the basement, configured for commercial use. In terms of expenses, the owner only covers the property tax (IBI) of €9,889.95 annually.
The sale price is €2,430,000, offering a net annual return of 6.5%, making this an attractive investment opportunity with recurring income backed by a well-established operator.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
43,960 SF
Building Class
C
Year Built
2007
Price
$2,865,228
Price Per SF
$65.18
Cap Rate
6.50%
NOI
$186,240
Tenancy
Single
Building Height
1 Story
Building FAR
2.03
Lot Size
0.50 AC
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 3
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Calle Recreo, 10
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