Calle Recreo, 10 43,960 SF Retail Building Béjar, Salamanca 37700 $2,846,800 ($64.76/SF) 6.50% Cap Rate

Commercial property located at C/ Recreo nº 10, Béjar (Salamanca), a municipality with 11,957 inhabitants according to INE 2024, situated in a well-established area with good foot traffic. This is an excellent sale opportunity with a tenant in place, ideal for investors seeking stable returns and a long-term lease agreement.
The property is leased to Alcampo, a top-tier operator in the food distribution sector, providing reliability and security for the investment. The lease has a total duration of 30 years (expiring on 03/17/2038) and includes a mandatory compliance period until 12/01/2030. The current rent is €14,000 per month, with annual adjustments based on the CPI, and a security deposit of €30,000.
The property has a total area of 4,082 m², distributed as 2,041 m² on the ground floor and 2,041 m² in the basement, configured for commercial use. In terms of expenses, the owner is only responsible for the property tax (IBI), which amounts to €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.