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COMMERCIAL · LEASED · SINGLE TENANT

Freestanding discount grocery store

Veracruz, Veracruz · Price US$388k

A freestanding grocery store in the port city of Veracruz, leased to a national discount chain until 2038: the longest lease in the selection.

The numbers

Asking priceUS$388,091
Gross annual rentUS$32,988
Property tax (annual)– US$136
Rent after property taxUS$32,851
Yield after property tax8.5%

Prices converted from Mexican pesos at MXN 18.75 per US dollar; the deal closes in pesos. Figures are estimates and are not guaranteed. Insurance, maintenance and closing costs are detailed in the investment analysis.

The lease

TenantNational hard-discount grocery chain
TermLease through July 2038
Rent adjustmentRent adjusted yearly to Mexican inflation (INPC), every September

Details

AssetCommercial
LocationVeracruz, Veracruz
Size1,000 m² (10,764 sq ft)
FeaturesFreestanding store with its own parking · single national tenant

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