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Commercial Center For Rent
Location: Spain -> Malaga
Industry: Real Estate > Other Real Estate

Business Summary

A commercial center for rent in Malaga.The total area is 20 614 sq.m. 23 commercial premises. 350 parking spaces. Three floors and an underground garage on three floors.Malaga is a city in the south of Spain, in Andalusia. The administrative center of the province of Malaga. The population is 568,212 people (as of 2012). The municipality is located in the district (komarki) of Malaga - Costa del Sol. It covers an area of ​​395 km ². The second city after Seville is Andalusia. One of the cultural centers of Andalusia with rich traditions, the university city, the venue of the Malaga Film Festival.

A popular seaside resort on the Mediterranean coast of the Costa del Sol, its transport hub. Among the famous natives of Malaga - the artist and sculptor Pablo Picasso and the film actor Antonio Banderas. Their names are the embankments of Malaga.The cost of the object is 19 000 000 euro. Possible bargaining. The occupancy rate is 99.6%. The profit is 1 638 940 euros per year. There is a mortgage loan amounting to 3 095 000 euros, with a monthly payment of 26 444 euros. Bank interest - 3.9% per annum. The expiration date of the loan agreement is November 6, 2027. The loan can be repaid at any time, including on the day of signing the contract of sale. The documents are ready for the deal. Additional information is available upon request.


Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease


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Commercial Center For Rent Photo 1

Print Listing Id: 700277736
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