Chalandri, Attica 15231

An exceptional retail property with a total area of 404 sq.m. Is offered for sale in a prime location on a central avenue in Chalandri, one of the most dynamic and commercially established markets in Athens Northern Suburbs. The property is currently leased and provides immediate income generation, making it an ideal opportunity for investors seeking stable cash flow and long-term capital appreciation in one of the most sought-after commercial districts of Attica. Property Features Total Area: 404 sq.m. Space Allocation Basement: 200 sq.m. Ground Floor: 204 sq.m. Key Characteristics Year of Construction: 1989 Frontage Property on a Main Avenue Located on a High-Traffic Commercial Street Direct Access to Public Transportation and Major Road Networks Investment Highlights The property benefits from strong investment fundamentals, a secure tenant base, and stable rental income, while offering significant protection against inflation. Annual Passing Rent: 95,442 Rent Indexation: Cpi + 1% Minimum Annual Increase: 1% Maximum Annual Increase: 5% Next Rent Review Date: The lease agreement provides for annual rent adjustments based on the Consumer Price Index (Cpi) plus 1%, with a minimum increase of 1% and a maximum cap of 5%, ensuring the preservation of the real value of the rental income while enhancing long-term income stability. Executive Summary A high-quality income-producing retail asset in Chalandri, strategically positioned on a prime commercial thoroughfare with excellent visibility and secured rental income. The combination of its strategic location, strong tenant covenant, and inflation-linked rental structure makes this property a particularly attractive investment opportunity for both private and institutional investors.