- Carinthia Shop 1,780,000 €
- Basic parameters
- Photo
№ 1,783,434
Retail store, Carinthia, Austria
1,780,000 €
2,060 € /m²
- Total area 864 m²
- Yield 5.8%
- Lease term 2028
- Constructed 2006
Key project parameters
- Total area
- 864 m²
- Number of parking lots
- 28
- Constructed
- 2006
Project description
A store with a large retail chain as a tenant.
Description
The store was built in 2006.
Extra information
Car parks
Tenants
- Agreement
- Yes
- End of lease
- 2028
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.
Financial performance
- Yield
- 5.8%
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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- annual yield
- From 10%
- exit period
- 3 years
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