Description:

BUILDING DESCRIPTION:

The building functions as a Pingo Doce supermarket and offices. The

building consists of 3 floors and has a garage. With 380 stores, Pingo Doce

is the leading chain in the supermarket segment in Portugal, offering food,

hygiene and home products.

Construction area: 3.560 m2

Total area: 3000 m2

Supermarket area: 1600 m2

Offices and garage area: 1400 m2

PINGO DOCE RESUME:

Pingo Doce is one of the largest supermarket operators in Portugal with over

380. It belongs to the Portuguese group Jeronimo Martins and the Dutch

group Ahold.

In the 1990s, Jeronimo Martins acquired Brazilian supermarket

chain Se Supermercados, which became the Brazilian equivalent to Pingo

Doce.

In the early 2000s, Companhia Brasileira de Distribuicao / Grupo Pao

de Acucar, bought out Se, rebranding its stores as Pao de Acucar and

CompreBem.

Jeronimo Martins is a Portugal-based international Group operating in Food Distribution, Food Manufacturing, and Services sectors.

PROFITABILITY

Monthly income from rent - € 23,000.00

Annually: € 276,000.00

ANNUAL PROFITABILITY: 8%

Duration of the contract: 15 years



* Air conditioning system
* Elevator
* Garage