- Retail Park with 20,332 m2 located in the northwest side of Valencia.
- Excellent visibility and access through Ademuz highway, CV-35, just 10 minutes from Valencia’s city centre.
- Direct catchment area of 105,000 inhabitants within a 10 minutes' drive and around 400,000 within a 15 minutes.
- No direct competition within its primary catchment area.
- Good tenant mix with Leroy Merlin, Casa, Jysk, Kiwoko, Maisons du Monde, FeuVert, Economy Cash
- Consolidated retail park opened in 2008 with a GLA of 20,322 sqm.
- High occupancy rate (96.4%) and interest from top level occupiers to take the available area (742 m2)
- Average sustainable rent of 7.6€/sqm/month with growth potential through annual indexation by CPI (no caps).
- WAULT: c. 4-year. Mandatory period until 2028 for Leroy Merlin and Maisons du Monde recently signed.
- Asset deal with 100% freehold
- Possibility to acquire 100% of a consolidated retail park strategically located in a major spanish city