Rental Income Guaranteed Commercial Property with 10 Year Signed Contract with Tenant in Bursa
Commercial property for sale is located in Bursa, Osmangazi in an advantageous location. Commercial property in Bursa is located in an advantageous location with 3 fronts facing the main street. Commercial shops, which attract attention with their proximity to daily and social amenities, are located close to shopping centers, the main road, and public transportation stops.
The commercial property for sale in Bursa is 400 mt to the highway entrance, 600 mt to Abdal Bridge, 750 mt to the nearest subway station, 1.6 km to the Parkora Life and Entertainment Center, 1.7 km to the Nilüfer Carrefour Shopping Center, 2 km to Sur Yapı Shopping Center, 7 km to Ulu Cami and Koza Han, 7.5 km to the city center, 8.5 km to Bursa Bus Station, 19 km to the BUDO Ferry Port and the seashore, 39 km to the Uludağ University, 58 km to the Bursa Yenişehir Airport, 97 km to the Istanbul City Center, and 105 km to Sabiha Gökçen Airport.
The property has a 741 m² area on the entrance floor. A 10-year turnover-sharing lease has been signed with Migros AŞ which is one of the most prestigious supermarket chains in Turkey.
The monthly rental expectation of the commercial property is 46.000 TL for the first 3 years. With the growth rate expectations announced by Migros Ticaret AŞ, and the turnover sharing rate that will increase according to the contract, the expected monthly rent will be 65,000 TL after 3 years. Migros's turnover growth rate announced for 2020 is 20%. The clawback period of the property is 12 years according to this information.
Since the tenant will invoice the rental fee as +VAT, the owner of the company also offers a VAT advantage to the investors.
Note: Tekçe Overseas Gayrimenkul AŞ is the sole authorized sales agent of the property.