An exceptional retail property with a total area of 505 sq.m. Is offered for sale in a prime location on a central avenue in Agia Paraskevi, one of the most established commercial and residential destinations in Athens Northern Suburbs. The property is arranged over three levels and is currently leased, providing immediate income generation and stable cash flow, making it an ideal opportunity for investors seeking security and long-term value. Property Features Total Area: 505 sq.m. Space Allocation Basement: 123.57 sq.m. (Auxiliary Space) Ground Floor: 238.75 sq.m. (Retail Space) Mezzanine: 143.33 sq.m. (Auxiliary Space) Key Characteristics Year of Construction: 1988 Frontage Property on a Main Avenue Excellent Commercial Visibility Direct Access to Major Road Networks and Public Transportation Investment Highlights The property benefits from strong investment fundamentals and a secure tenant base, offering stable returns and protection against inflationary pressures. Annual Passing Rent: 61,148 Rent Indexation: Cpi Next Rent Review Date: The CPI-linked rental adjustment mechanism helps preserve the real value of the rental income while enhancing the long-term stability of the investment. Investment Advantages Immediate income generation through an existing lease Stable and predictable cash flow Outstanding visibility on a high-traffic main avenue Strong commercial positioning within one of the most established retail markets in the Northern Suburbs of Athens Inflation protection through CPI-linked rent indexation Long-term capital appreciation potential Ideal for private and institutional investors seeking secure income-producing commercial real estate assets Executive Summary A compelling retail investment opportunity in Agia Paraskevi, offering a strategic location, reliable rental income, and strong long-term investment fundamentals. The combination of excellent visibility, established commercial positioning, and secured tenancy makes this property a highly attractive asset within the Northern Suburbs real estate market.
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Property ID: 310109094036
Original Property ID: GRCCI-An4hcf0eyt4eu40o