Retail Unit Nuevo Alisal

Rental

Retail Unit “Nuevo Alisal”

Located in Santander.
It has a long-term lease agreement with Toys’R’Us and Media Markt.

The commercial area (“Nuevo Alisal”) acquired by LAR ESPAÑA REAL ESTATE is composed of two buildings where Media Markt and Toys ‘R’ Us are located.

The commercial area, built in December 2010 and, until now, owned by local developer Grupo Sadisa, is located 3 kilometers to the west of Santander and has a gross leasable area (GLA) of about 7.649 sqm, divided into 2 retail boxes and including 240 parking spaces.

Nuevo Alisal is located next to the consolidated retail park El Alisal, which is in operation since 2004 and hosts prestigious multinational companies such as Carrefour, Aki, Worten, Kiabi, Merkal, Galp, Burger King, McDonalds and Mercadona.

Nuevo Alisal has an excellent visibility, facing its facade to Joaquín Rodrigo Street and with access from the motorway S-2. Besides, it is placed in a commercial area of influence with over 260,000 inhabitants.

High liquidity asset size of the investment, prime location, the prestige of the tenants and the term of contract.

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