Shopping center with yield of 7.2%, Saxony-Anhalt, Germany

Additional information is provided after the signing of an NDA

Shopping center with yield of 7.2%, Saxony-Anhalt, Germany

36,600,000 €
Mortgage calculator
Send a request
Total area: 28,068 m² Yield: 7.2% Built in 1994
Send a request
Features
  • Operating Incomе: 2,652,512 €
  • Land area: 76,938 m²
  • Occupancy: 81%
  • Number of parking lots: 950
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 4.8%

Retail premises in the detached building.

Description

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.

Financial performance

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%.

Tenants

The anchor tenant is a supermarket chain.

Weighted Average Lease Term is 5 years.

Transaction costs

Notary fee of 1.5%.

RE purchase tax of 3.5%.

The broker's fee of 4.76%.

Location and nearby objects

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.

More properties

If this property wasn’t for you, take a look at other mix used buildings for sale in Germany.

You can see more mix used buildings for sale in Saxony-Anhalt elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this mix used building
Sofia Bulanova
Sofia Bulanova
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.5% annually
    • Construction site audits
    • Management company services