Multifunctional center, Leipzig, Germany

Additional information is provided after the signing of an NDA

Contact an agent at Tranio.com, and we will help find the perfect property for you, wherever it may be.

Multifunctional center, Leipzig, Germany

5,400,000 €
990 € /m²
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Total area
    5,450 m²
  • Yield
    7.7%
Details
Property parameters
  • Land area: 3,592 m²
  • Number of parking lots: 95
  • 5-floor building
Financial performance
  • Annual income: 415,836 €
Tenants
  • Occupancy: 96%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

Multifunctional center in the largest district of Leipzig.

Description

The property consists of two buildings and includes 26 retail premises on the ground floor, office space on the first and second floors and 16 apartments.

The trading area is 2,133 m².

The office area is 1,961 m².

The living area is 1,352 m².

There is parking for 95 cars in the territory of the property.

The building is in good condition.

Equipment

  • external wall insulation
  • balcony/ loggia/ terrace
  • heating system
  • elevator for people with disabilities

Financial performance

The absolute annual income is 415,836 €.

The current yield is 7.7%.

The projected annual income is 457,000 €.

The projected yield is 8.5%.

Tenants

The tenants are a supermarket, a bowling, a hairdresser, a restaurant, a flower shop, a bakery, a fruit store, and medical offices.

The leasing agreement with the supermarket is renewed every two years, and contracts with other tenants are also automatically prolonged.

Two office premises and an apartment with a total area of 220 m² are vacant.

Transaction costs

Notary (state registration) is 1,5 – 2%.

Acquisition tax is 3,5%.

The brokerage fee is 4% + 19% VAT (in total 4,76%).

Location

The property is located in the Grünau district.

The purchasing power per capita is about 20,000 euros. The unemployment rate is steadily declining.

A convenient transport interchange combines road, rail and air transport nodes.

The property is located in a walking distance from the popular recreation area. There is a metro station opposite the building.

The center of the city can be reached in 15 minutes by car.

More properties

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

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

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request