Retail park in a residential area, Saxony-Anhalt, Germany

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Retail park in a residential area, Saxony-Anhalt, Germany

2,730,000 €
723 € /m²
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  • Total area
    3,771 m²
  • Built in 
    1992
Details
Property parameters
  • Land area: 15,568 m²
  • Number of parking lots: 152
Property status
  • Most recent total renovation: 2007
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 5.0 %
  • Broker: 6.0 %

A retail park in a residential area of the town in the federal state of Saxony-Anhalt.

Description

2 one-storey commercial buildings connected by a covered passage.

The property includes 15 commercial units.

Financial performance

The financial indicators are available upon request.

Tenants

The building is leased to several tenants.

The anchor tenant is a large supermarket chain with more than 4,000 stores in Germany. The company's annual turnover exceeds 50 billion euros.

The 2nd anchor tenant is a German clothing store chain. The company has more than 3200 stores in Europe.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 5,0%.

Brokerage fee is 6% + VAT 19% (total 7,14%).

Location

The shopping center is located on the main road of the town with the population about 90,000 people.

There is a restaurant, cafes, a gym, a car dealership in a walking distance.

Halle is about 40 km away, Leipzig is 50 km away, Magdeburg is 60 km away.

Leipzig is the largest city of the federal state of Saxony with the population 560,000 people.

Together with Halle located 32 km west, Leipzig forms an urban agglomeration with the population about 1.1 million people, which is one of the most economically developed in East Germany.

The major employing companies in Leipzig:

  • Amazon
  • Blüthner (piano production)
  • BMW
  • Comparex
  • Porsche
  • Siemens
  • EMAG Leipzig Maschinenfabrik GmbH
  • DHL (for Leipzig/ Halle airport)
  • Microsoft (cheap boxes)

Over the past 5 years 50,000 people (at the age from 25 to 34 years) have migrated to Leipzig.

The number of jobs increased by 11,5% and the number of workers increased by 19,5%.

The unemployment rate does not exceed 8,7%.

The purchasing power index is 89,31.

Leipzig/ Halle Intercontinental Airport is located in the city and it is considered the 2nd largest cargo hub in Germany.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other mixed-use buildings for sale in Germany.

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

Statistics in Germany

Price per m², €
4,962
Healthcare efficiency level
74
Index 74 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
65
Index 65 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 4,962.39
Apartment in a bedroom community, m² 3,420.66
Transport Price, €
Public transport, 1 ride 2.7
Monthly travel card 70.0
Taxi, 1 km 2.0
Petrol, 1 l 1.41
Food Price, €
Water, 1.5 l 0.34
Milk, 1 l 0.71
White bread, 500 g 1.29
Eggs, a dozen 1.84
Chicken fillet, 1 kg 7.35
Education Price, €
Kindergarten, per month 309.39
International school, per year 14,421.73
Health care index
Staff competence 76.94
Medical equipment 89.26
Research accuracy and completeness 75.75
Attitude towards patients 68.17
Security index
Crime rate 34.26
The risk of being robbed 32.33
The risk of car theft 31.76
The risk of break-in and property damage 43.13

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Saxony-Anhalt
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