Location
Located less than 5 km away from the Calafat-Vidin Bridge, linking Calafat to the Bulgarian city of Vidin, the retail park enjoys proximity to a significant population base, bolstering its potential for growth and profitability.
Financial Summary
Making 542,836 EUR in net operating income (NOI), and it's up for sale at an 8% yield based on that income (which calculates to a Gross Asset Value of 6,785,450 EUR). Also available, is the bank loan of 3.6 million EUR, making the net asset value 3,185,450 EUR.
Investment Rationale
Enjoy the security of long-term leases, with an anchor tenant (JYSK) holding 11 years firm term remaining, while other tenants maintain 5 years firm term, offering stability and reliability for investors.
Customer Overview
Situated in the north-east of Calafat, with easy access via major roads and a catchment area of 30,000 people within a 15-minute drive, Joy Calafat Retail Park benefits from strong visibility and accessibility, ensuring a steady stream of customers.
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
