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Poligono del Aeropuerto 4,467 SF Retail Building Manises, Valencia 46940 $3,059,512 ($684.91/SF) 5.65% Cap Rate

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Investment Highlights
- Close to Valencia Airport.
- Plot of 1,296 m2.
- Capacity of around 3.5 million liters per year.
- Location in industrial area.
- Contract until 2032.
- It features a car wash tunnel and an electric vehicle charging station.
Executive Summary
Reference: EXP0930131
Service station in Manises, province of Valencia. The asset is located in an industrial area close to Manises-Valencia Airport.
It has a constructed area of 1,296 m2 on a 415 m2 plot. The sales capacity exceeds 3.5 million liters per year. It has an electric power station, Ad-Blue dispenser, washing tunnel and store.
The lease is valid until 20/05/2032, with mandatory compliance until that date. The tenant provides a bank guarantee equivalent to one year's rent, a guarantee from the flag group with 8 service stations and a two-month deposit.
The annual IBI is 3,811.38€, paid by the property. There is documentation supporting the lease agreement, IBI receipts and sales receipts.
The environment corresponds to a consolidated industrial area of Manises, close to Manises-Valencia Airport and with a presence of logistics and business activities.
The asset has road access through the road network surrounding the airport and connections to the main roads in the Valencia area. The area has public transport linked to the airport and the town of Manises by bus lines.
Service station in Manises, province of Valencia. The asset is located in an industrial area close to Manises-Valencia Airport.
It has a constructed area of 1,296 m2 on a 415 m2 plot. The sales capacity exceeds 3.5 million liters per year. It has an electric power station, Ad-Blue dispenser, washing tunnel and store.
The lease is valid until 20/05/2032, with mandatory compliance until that date. The tenant provides a bank guarantee equivalent to one year's rent, a guarantee from the flag group with 8 service stations and a two-month deposit.
The annual IBI is 3,811.38€, paid by the property. There is documentation supporting the lease agreement, IBI receipts and sales receipts.
The environment corresponds to a consolidated industrial area of Manises, close to Manises-Valencia Airport and with a presence of logistics and business activities.
The asset has road access through the road network surrounding the airport and connections to the main roads in the Valencia area. The area has public transport linked to the airport and the town of Manises by bus lines.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
< 15,000 SF
Building Class
C
Year Built
2000 - 2009
Price
$3,059,512
Price Per SF
$684.91
Cap Rate
5.65%
NOI
$172,862
Tenancy
Single
Amenities
- Corner Lot
- Security System
- Drive Thru
- Storage Space
- Air Conditioning
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Poligono del Aeropuerto
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