- 27,285,000 €
- 4.7% yield
- Lower Austria Mixed-use building 6,800,000 €
- Basic parameters
- Photo
№ 1,887,481
Business centre in Lower Austria
6,800,000 €
- Total area —
- Yield 5.3%
- Lease term —
- Constructed —
Key project parameters
- Leasable area
- 4,000 m²
- Number of parking lots
- 90
Project description
The shopping center with well-known chain tenants in the suburbs of Vienna.
Description
The retail park with a total leasable area of about 4,000 m².
The reconstruction of the center is currently being completed. The opening is scheduled for autumn 2020.
Deal structure: Share Deal.
Tenants
- Agreement
- n/a
The property is fully let. Long-term lease agreements were concluded with renewal options and the impossibility of termination in the next 7 years.
Tenants:
- chain of textile discounters
- German chain of non-food discounters
- international retail discounter with 1,500 branches
- large European retail chain of beds
- federal Austrian chain of butchers
Financial performance
- Yield
- 5.3%
The annual income is 357,000 €.
The yield is 5.3%.
Location and nearby infrastructure
The property is located in the suburbs of Vienna, along the federal highway connecting Vienna and other major cities.
Vienna is the capital of Austria with population of over 1,800,000 people.
Vienna is the 3d city-residence of the United Nations after New York and Geneva. There are the headquarters of such international organizations as OPEC and the OSCE here. Vienna several years in a row takes the 1st place in the world for quality of life.
Public transport is well developed in Vienna, a chain of autobahns and railways connects Vienna with other cities in Austria and Europe. Schwechat International Airport is the largest in Central Europe, with more than 60 airlines from around the world registered, annually serving more than 14 million passengers.
More properties
If this ad doesn't suit you, have a look at the other shopping centers for sale in Lower Austria.
All ads in the country: shopping centers for sale in Austria.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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