Retail premises in the detached building.
Total area of the property is 28,068 m²
Shopping center comprised of 37 retail units.
The purchase price of the property includes parking for 950 cars.
The building was built in 1994.
81% of total area are leased out.
Absolute annual income is 2,652,512 €.
The current yield of 7.2%.
Projected absolute annual income is 3,250,818 €.
The projected yield of 8.9%.
The anchor tenant is a supermarket chain.
Weighted Average Lease Term is 5 years.
Notary fee of 1.5%.
RE purchase tax of 3.5%.
The broker's fee of 4.76%.
Location and nearby infrastructure
The shopping center is situated close to the accessway to motorway, within 10 minutes drive to the city center. The population of the city is more than 70 thousand people.