- 27,285,000 €
- 4.7% yield
- Bavaria Mixed-use building 2,300,000 €
- Basic parameters
- Photo
№ 1,934,494
Business centre in Bavaria
2,300,000 €
2,585,000 €
- Total area —
- Yield 3.7%
- Lease term —
- Constructed 2011
Key project parameters
- Leasable area
- 2,000 m²
- Number of parking lots
- 100
- Constructed
- 2011
Project description
Retail park with chain tenants in Bavaria.
Description
The total leasable area of the buildings is over 2,000 m².
Tenants
- Agreement
- n/a
- A well-known chain of grocery stores with more than 1,300 branches in Europe. The lease was concluded until 2021. At the end of the contract, the tenant leaves the building.
- A well-known German chain of non-food stores with more than 2,000 branches in Europe. The lease was concluded until 2024 with the extension options of 4x3 years.
- A chain beverage store with over 200 branches. The new lease until 2030.
- A chain pharmacy. The lease was concluded until 2029.
Financial performance
- Yield
- 3.7%
The annual income is 84,500 €.
The yield is 3.7%.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 3.5%.
Brokerage fee is 4% + VAT 19% (total 4.76%).
Location and nearby infrastructure
The property is located in Bavaria, in the suburb of Erlangen (15 km). The population of Erlangen is over 110,000 inhabitants.
Bavaria is a federal state in the south-east of Germany. With an area of 70,550 km² Bavaria is the largest German state by land area. With 13 million inhabitants it is Germany's second-most-populous state after North Rhine-Westphalia. Bavaria has one of the largest economies of any region in Germany, and in Europe.
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Tranio helps to manage property after purchase
Our local team at Tranio in Germany will take up property management or recommend professional German partners.
The terms and conditions of our engagement depend on the condition and location of the property and are to be discussed in each particular case.
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Property maintenance and insurance
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Search for tenants, contracting, and control over rent collection
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Arrangements for bookkeeping and tax advice
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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