Two new retail parks near Prague, Czech Republic

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Two new retail parks near Prague, Czech Republic

9,590,000 €
1,905 € /m²
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  • Total area
    5,033 m²
  • Yield
    6.0%
  • Built in 
    2017
Details
Property parameters
  • Land area: 17,226 m²
  • Number of parking lots: 191
  • 1-floor building
Financial performance
  • Annual income: 584,000 €
Tenants
  • Fully let

Two fully rented retail parks located 25 and 55 km from Prague respectively.

Description

Both retail parks were built in 2017 and are in excellent condition.

The first retail park:

  • 7 tenants
  • land area is 13,701 m²
  • net leasable area is 3,862 m²
  • parking for 149 cars
  • expired building permit for a café with built-up area of 201 m²
  • OPEX € 34,000

Second retail park:

  • 3 tenants
  • land area is 3,525 m²
  • net leasable area is 1,171 m²
  • parking for 42 cars
  • OPEX € 16,400

Deal type: Share Deal.

Location

Both properties are located near Prague, in retail zones, surrounded by large shops and supermarkets, which ensures a constant flow of customers. Both areas are distinguished by good transport accessibility and visibility.

Prague is the capital of the Czech Republic with the population of more than 1.28 million people.

The city is the main political, economic and cultural center of the Czech Republic and a major tourist center of Europe. The historical center of Prague is listed as a UNESCO World Heritage Site.

From the branches of industry in Prague machine building (machine-tool building, transport, electrical engineering), chemical, textile, clothing, printing, food industry are developed.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

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