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Store in Wiener Neustadt

5,000,000 €
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Total area: 2,294 m² Yield: 6.9% Built in 2010
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Features
  • Operating Incomе: 344,143 €
  • Land area: 677 m²
  • Occupancy: 100%
  • Minimum owner's capital: 1,500,000 €
  • Loan size: 70% of the value of the object
  • Rate: 2.5%

It is a store in one of the historic towns of Austria.

Description

The floor area of 2,294 m².

Plot of 677 m².

Tenant renovated the building in 2010 and installed an elevator and 

escalator.

The object is already fully leased out.

Financial performance

Absolute income is 344,143 €.

The current yield of 6,9%.

Loan

There is a possibility to take a credit 70 to 80% of the cost with the rate about 2–2,5%.

Tenants

The tenant is H& M.

Perpetual lease contract, an agreement on the non-termination is signed until 2017, tenant wants to extend it.

More properties

If this property wasn’t for you, take a look at other retail space for sale in Austria.

You can see more retail space for sale in Wiener Neustadt elsewhere on our website.

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Artem Ezhkov
Real Estate Expert Tranio in Wiener Neustadt
+44 20 3608 1267
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