A shopping center.
Description
Total area of the property is 4,384 m²
The shopping center consists of 5 shops. The purchase price of the property includes a parking for 100 cars.
The shopping center was built in 1996.
Financial performance
Absolute annual income is 300,810 €.
The current yield of 7.3%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
The broker's fee of 4%.
Location
The shopping center is located in the southern part of the city, in the state of Mecklenburg-Vorpommern. A plenty of shops and an entrance to the motorway are situated in proximity from the property. The population of the city is more than 80 thousand people.
