Retail store, Carinthia, Austria

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Retail store, Carinthia, Austria

1,780,000 €
2,060 € /m²
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  • Total area
    864 m²
  • Yield
    5.8%
  • Built in 
    2006
Details
Property parameters
  • Land area: 2,879 m²
  • Number of parking lots: 28
Financial performance
  • Annual income: 102,368 €
Tenants
  • Fully let
  • End of lease: 2028
Transaction costs
  • Broker: 3.0%

A store with a large retail chain as a tenant.

Description

The store was built in 2006.

Tenants

The tenant is a branch of one of the largest chains in Europe, with more than 2,400 stores in 48 countries of the world. The company specializes in the sales of mattresses, furniture and accessories.

The lease agreement is valid untill 31.12.2028 (without the possibility of termination) + extension option 2 x 5 years.

The lease agreement provides for the rental rate indexation based on the consumer price index.

Transaction costs

Brokerage fee is 3% + VAT 20%.

Location and nearby infrastructure

The store is located in a town in Carinthia, on a busy highway. There is OBI and other chain stores in close proximity.

The capital of the federal state of Carinthia, Klagenfurt am Wörthersee, is located in 25 km away from the town.

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

All ads in the country: retail space for sale in Austria.

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