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Istanbul commercial supermarket with long term tenant

$283.000

Overview

One of our top picks for commercial property in Istanbul – this listing is currently operated as a branded national weekly supermarket and has been so for numerous years; it is offered to the market today with a ten-year contract in place guaranteeing rental income for the new buyer immediately.

Features

Property Type :

commercial

Location :

Istanbul - Arnavutkoy

Living space sqm:

1900

Why buy this property

- Top investment opportunity commercial real estate

- High rental income per year and capital appreciation

- Sought after location in a desired area of Istanbul

- Tenanted shop by a large Turkish supermarket

- Many years left on the current rental agreement

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FACILITIES & LOCATION

Located in a residential area of Istanbul home to many young families and those living with children, this property is perfect for investors as Arnavutkoy continues to develop into one of the top areas for locals living and commuting to the city centre. The location assures a high footfall of passers by and weekly customers.

About the commercial shop

This shop is currently operated as a large weekly supermarket by one of the biggest branded chains in Istanbul. The shop services thousands of families and has been in place for many years – becoming part of the neighbourhood. Inside, the listing measures an impressive 1,900m2 and is in excellent condition throughout. The property is found on the ground floor and is easily accessible with a large street frontage providing customers with easy access to their groceries.

Rental income numbers

This is an incredible investment opportunity as rental return is 70,000TL + VAT on a monthly basis with a ten-year contract currently in place. Property value growth of the shop is also excellent – it is projected to deliver a minimum of 8%+ capital growth for the owner on an annual basis.

Turkish Citizenship by Investment

This property meets all the requirements for buyers who are interested in obtaining Turkish Citizenship for themselves and family members by investing in real estate.

Location in Istanbul

Arnavutkoy is a highly residential area of Istanbul, home to thousands of young families and city centre commuters looking to live within easy travelling distances throughout the city. This shop is the weekly supermarket for many who live in the area and is accessible within short walking distances. As the area continues to grow, so will the number of people visiting this supermarket. Public transport is accessible and continuing to improve, making the commute shorter.

For details about buying commercial listings in Istanbul, please call us to speak with our team of professional investment advisors who are happy to help you and show our latest offers and listings you won’t find elsewhere – we are proud to find a commercial business to suit your needs. We have listings all across Turkey, offering the suitable listing for you.