Code: TIO1021
TierraInfinita is proud to be the exclusive agent on this unique opportunity to acquire an office with a long-term lease in the exclusive Nueva Candelaria building, located at Av. Candelaria Goyenechea # 3900, leased to the prestigious winemaker, Luis Felipe Edwards.
The property, with a total area of 156 m2, has a lease that expires August 2019. Upon completion, there are annual and successive one year renewals, unless one of the parties wants to terminate. The lease also includes 5 underground parking spaces and 1 storage unit.
The Nueva Candelaria building is located in the tight-knit, exclusive area of Candelaria Goyenechea / Alonso de Cordova, Vitacura. The class A property was built in 2014. It is a 5 story building with 112 underground parking spaces. The building currently has an occupancy rate of 100%, higher than the average occupancy of Class A buildings in Santiago and the sector.
The tenant, Viña Luis Felipe Edwards, is one of the main Chilean wineries, with a strong position in both local and international markets. It was founded in 1976 and today is considered Chile’s largest family-owned winery, with over 1,000 hectares and an annual production of more than 25 million liters.
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