Shop, Vienna, Austria

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Shop, Vienna, Austria

2,950,000 €
1,475 € /m²
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  • Total area
    2,000 m²
  • Yield
    6.8%
Details
Property parameters
  • Land area: 4,800 m²
  • 1-floor building
Financial performance
  • Annual income: 197,000 €
Tenants
  • Fully let

Description

Shop of 2,000 m².

Plot area — 4,800 m².

The plot is leased (rental cost — 87,500 euro per year). The lease agreement is concluded till 2076 with a 80-year extension option.

Financial performance

The annual income is 197,000 €.

The yield is 6.8%.

Tenants

The property is fully let.

The anchor tenants are large chain stores.

Transaction costs

Brokerage fee is 3% + VAT 20%.

Location and nearby infrastructure

The property is located in eastern Vienna, about 10 km from the city center.

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

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

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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