A multifunctional center with underground parking.
The property includes retail, office, living quarters, as well as a medical center.The retail area is 3,766 m².
The area of offices is 860 m².
The area of the underground garage is 209 m².
The energy consumption: 50 kWh/ m².
- two escalators
- air conditioning system
The absolute annual income is 674,091 €.
The current yield of 5,8%.
The object is leased by several companies.
The anchor tenants are: a large European retail chain of bookstores (more than 200 shops in Germany) and an international pharmacy retail chain (more than 1600 pharmacies in the world).
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 5,0%.
Brokerage fee is 3% + VAT 19% (total 3,57%).
The property is located in the center of the pedestrian zone of the town with the population of about 100,000 people in the southwest of the Rhineland-Palatinate land.
The city is a modern center of information and communication technologies. There is a well-known university, as well as a technical college and many research institutes here.
The list of interesting places and attractions of the city includes several shopping areas that are open only for pedestrians, with a wide variety of restaurants and bars, botanical gardens, a theater, museums, a large swimming pool.
The property is located in the area of the city with developed infrastructure. The are shops, restaurants, cafes, banks, cinemas, a supermarket, a bakery, a hairdresser, a pharmacy in a walking distance
The distance to the cities of Mannheim and Saarbruecken is about 70 km, to Frankfurt — about 120 km.