ID: 7640351
Commercial space for sale with anchor tenant SPAR. A 10-year lease agreement was signed in January 2026, with rental payments commencing in April 2026.
Price: $800,000 + 18% VAT.
Monthly Income: The tenant pays 5% of turnover, with a minimum fixed guaranteed payment of $6,000 (even if 5% of revenue is below $6,000, the owner receives $6,000 per the contract). Additionally, 18% tax and utilities are paid monthly.
Features:
• 7-meter ceiling height, offering the potential to add a mezzanine level and increase usable floor area
• located in the dynamic and rapidly developing ELT Quarter
• guaranteed revenue growth and property value appreciation
• high and constantly increasing foot traffic
When purchasing as a legal entity, the paid VAT ($144,000) can be refunded in accordance with current legislation.