Commercial building with a shopping gallery on the first floor in the center of Aachen.
The absolute annual income is 1,027,000 €.
The current yield is 6.6%.
Anchor tenants occupying 55% of the total area are:
- a leading global food producer with over 1,500 branches in Germany
- organic goods store with more than 100 branches in Germany and Austria
- one of the largest pharmacy chains in Europe (more than 3000 pharmacies)
- one of the largest insurance companies in Germany with over 10 million customers
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
Brokerage fee is 4% + VAT 19% (total 4,76%).
The property is located in Aachen (North Rhine-Westphalia) with a population of about 240 thousand people. Aachen is located on the border with Belgium and the Netherlands.
There are stops of several bus lines nearby. Also there is a pedestrian area of the city center, various restaurants, cinemas, covered car parking, shops and shopping centers in a walking distance from the property.
Accessibility with the main motorways A44 (direction Düsseldorf) and A4 (Cologne) is in direct proximity. The distance to Cologne is about 75 km, to Düsseldorf — about 85 km.
North Rhine-Westphalia — the land of the Federal Republic of Germany. The capital city is Düsseldorf. The population is 17,600,000 people. The largest city by population is Cologne. It occupies the 4th place in the Federal Republic of Germany. 29 of the 80 major German cities are located in the urbanized territory of North Rhine-Westphalia.
