Multifunctional center with reliable tenants.
Description
The property consists of two buildings and includes commercial and office premises.
The buildings were built in 1985 and 1993 and are in a good condition.
There is a parking for 380 cars in the territory of the multifunctional center.
Deal type: Share Deal
Absolute annual income is 1,450,000 €
The current yield of 6,5%.
The object was leased to 21 reliable tenants.
The anchor tenant is a state structure that covers an area of 2,023 м².
Lease agreement is concluded until 31.12.2021 and contains options for extension: 2х5 years.
Notary fee of 1.5% — 2%.
The brokerage fee is 4% + 19% VAT (in total 4,76%).
The property is located in the federal state of Saar, in a town with a population of more than 30 thousand people. The distance to Saarbrücken is 28 km.
The building is close to public transport, motorways and federal highways.