Commercial building in Berlin

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Commercial building in Berlin

8,000,000 €
2,011 € /m²
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  • Total area
    3,978 m²
  • Yield
    6.1%
  • Built in 
    1997
Details
Property parameters
  • Land area: 6,030 m²
  • Number of parking lots: 80
  • 3-floor building
Financial performance
  • Annual income: 487,032 €
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0% + VAT

It is a commercial center in Berlin.

Description

The building with total area of 3,978 m², situated on a plot of 6,030 m², was built in 1997.

There is a shopping mall on the ground floor of the building, the first floor is occupied by offices, dance school and a billiard club, the second floor hosts helth care center and physical therapy.

Financial performance

Absolute income is 487,032 €.

The current yield of 6,1%.

Tenants

The tenant of the shopping center have changed recently. The new tenant is a major German food network, which signed a contract for 15 years with the extension option for 2x5 years.

More properties

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

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

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