Commercial center, Brandenburg, Germany

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Commercial center, Brandenburg, Germany

12,000,000 €
1,259 € /m²
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  • Total area
    9,524 m²
  • Yield
    6.6%
  • Built in 
    1994
Details
Property parameters
  • Land area: 3,558 m²
  • Number of parking lots: 111
  • 9-floor building
Financial performance
  • Annual income: 791,816 €
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 6.5%
  • Broker: 4.0% + VAT

A nine-story building with commercial premises.

Description

Total area of the property is 9,524 m²

The area of the commercial premises — 8,257 m² At the moment, 1,250 m² are vacant. 20% of premises in the building are being used as offices.

The commercial center includes two parkings for 111 cars (52 parking lots in the courtyard of the building and 59 parking lots in the underground garage). 73 parking lots are leased out.

The commercial center is provided with two passenger elevators and one freight elevator.

Financial performance

Absolute annual income is 791,816 €.

The current yield of 6.6%.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 6.5%.

The brokerage fee is 4.76%.

Location and nearby infrastructure

The commercial center is located in an industrial area within a radius of 40 km from Berlin. There is an entrance to the motorway situated in the proximity of the property. Public transport stops are situated within walking distance from the building.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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