A shopping mall in Thuringia.
A commercial building with a basement.
The construction costs amounted about 20 million euros.
- central heating
The absolute annual income is 381,445 €.
The current yield is 5,6%.
The average rent is currently about 7.00 €/m².
The shopping mall is rented by 60% (about 4,956 m² of 8,246 m²).
The anchor tenant is a retail chain of sporting goods stores. The company's annual turnover exceeds 10 billion euros. The number of employees is about 10,000 people.
The remaining 3,290 m² will be rented in the short term by reliable clothing and shoe retailers.
The vacant office space will also be rented in a short time.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
The shopping center is situated in the town with the population about 100,000 people. About 450,000 people live in the town agglomeration.
The property is located in the pedestrian zone in the historical center of the town.
The distance to Leipzig is about 60 km, to Erfurt — 80 km, to Zwickau — about 40 km, to Chemnitz — about 70 km.