Shopping center, Bavaria, Germany

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Shopping center, Bavaria, Germany

2,500,000 €
1,301 € /m²
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  • Total area
    1,921 m²
  • Yield
    7.1%
  • Rental rate (m²/month)
    8 €
  • Built in 
    2001
Details
Property parameters
  • Leasable area: 1,856 m²
Financial performance
  • Annual income: 185,758 €
Tenants
  • Fully let
  • End of lease: 2021
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 6.0% + VAT

The building with commercial areas.

Description

The property was built in 2001.

The shopping center consists of four retail units.

Financial performance

Absolute annual income is 158,758 €.

The current yield of 7.4%.

Tenants

All premises in the shopping center are leased out.

Weighted average lease term is 4 years.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

Brokerage fee is 7.14%.

Location and nearby infrastructure

The building is located in the industrial area in the city with the population of more than 100 thousand people, in the state of Bavaria. There is an entrance to the motorway situated not far from the property.

More properties

If this ad doesn't suit you, have a look at the other shopping centers for sale in Bavaria.

All ads in the country: shopping centers for sale in Germany.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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