£6,738,093

Property for sale

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Fixed price

£6,738,093

€8,000,000

Property for sale

Ioannina, Greece

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Features and description

  • Unfurnished
Off-Market Retail Investment Opportunity Prime Commercial Asset With Long-Term Lease, In Ioannina Greece

An exceptional off-market investment opportunity—a prime commercial property located in a high-traffic area with unmatched visibility and access, in Ioannina, Greece. This well-maintained asset is being offered for sale at €8,000,000 and presents a rare opportunity to acquire a long-term, income-generating retail property.

The property spans an impressive 23,645 square meters of land, with a substantial building covering 4,722 square meters. The building, constructed in 2007, features a robust metal-frame structure designed to accommodate large-scale retail operations. The layout is ideal for modern retail, with an internal height of 5 meters, creating an expansive shopping space, and generous external areas for sales, making it highly suitable for large retail formats.

Additionally, the property offers 400 parking spaces, far exceeding the required 276 spaces, ensuring ample convenience for customers. With its multiple customer entrances and dedicated rear access for logistics, the property is well-equipped to handle both foot traffic and operational needs efficiently.

The asset is currently leased to a market-leading retailer, under a long-term agreement that commenced in 2007. The lease has recently been extended in 2022 for another 10 years, ensuring stability and continuous rental income.

Located in a highly strategic retail corridor, the property enjoys excellent connectivity to major transportation routes, making it a desirable destination for customers from both the local area and the wider region. It sits directly on a national highway with easy access to surrounding roads, and the planned infrastructure upgrades in the area will further enhance its accessibility. These improvements include the widening of a nearby municipal road and the construction of a new roundabout at the intersection with the national highway, which will significantly improve traffic flow and increase visibility.

This investment offers a rare opportunity to acquire a high-quality, fully leased retail property in a prime location. With its solid tenant base, excellent parking facilities, and future infrastructure developments, this asset provides a stable income stream and long-term growth potential. T

For further details or to schedule a private viewing, please contact us. Comprehensive documentation, including financials and lease details, will be provided upon request under a non-disclosure agreement.

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Property descriptions and related information displayed on this page are marketing materials provided by - Nest Seekers International. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nest Seekers International for full details and further information.

  1. Zoopla
  2. Overseas
  3. Greece
  4. Epirus
  5. Ioannina
  6. Ioannina (Town)