Retail park with a well known retail chain as a tenant, Saxony-Anhalt, Germany

Additional information is provided after the signing of an NDA

Retail park with a well known retail chain as a tenant, Saxony-Anhalt, Germany

2,209,000 €
995 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    2,220 m²
  • Yield
    8.0 %
  • Rental rate (m²/month)
    6 €
  • Built in 
    1994
Details
Property parameters
  • Land area: 7,565 m²
  • Number of parking lots: 117
Financial performance
  • Annual income: 176,778 €
Transaction costs
  • Notary (state registration): 1.5 %
  • Acquisition tax: 5.0 %
  • Broker: 6.0 %

A retail park in the suburbs of Leipzig.

Description

The area of the building was expanded in 2007.

Financial performance

The absolute annual income is 176,778 €.

The current yield is 8,0%.

Tenants

The anchor tenant is a large supermarket chain with more than 1,300 stores in 4 European countries. The annual turnover of the company is about 6 billion euros.

The lease agreement is valid until 31.03.2023

The 2nd tenant is a beverage market.

The lease agreement is valid until 30.06.2025.

The other tenants: the German Social Security Association, meat and bakery shops, a hairdresser, a driving school, a dentist, a game room.

WALT: 5.8 years (as of 01.02.2018).

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 in the suburbs of Leipzig. The population of the town is about 10,000 people.

The town is well connected with Leipzig by the public transport system.

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

Similar listings

We select ads that may interest you.

Enquire about this mixed-use building
Anna Kurianovich
Anna Kurianovich
Investment consultant in Saxony-Anhalt
Send a request
    I confirm that I have read and accept to the Privacy Policy and Personal Data Processing Guidelines.
    • Bank financing from 1.5% annually
    • Property, plot and construction site survey
    • Management company services
    Location choice
    • еще ...
    • City, Region, Country
    Loading...
    • Nothing found
    • Nothing found