Three-storey building with commercial premises.
Description
The total area of the building is 7,869 m²
The commercial center was built in 1993. In 2016, the proeprty was renovated.
The pruchase price of the property includes parking for 240 cars. There is a possibility to to build a four-level parking on the territory of the commercial center. The parking of the commerical center is leased out for indefinite term.
The commercial center can be converted into a hotel for 134 rooms.
Absolute annual income is 1,008,372 euro.
The current yield is 6.8%.
Tenants of the commercial center are a supermarket chain and an a government institution.
The lease agreement with the supermarket is vaild until 30.06.2025 and includes extension options.
The lease agreement with the government institution is valid until 2026.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
The broker's fee of 3%.
The commercial center is located in the northern part of the city of Dusseldorf, in proximity from the airport.
