Shopping center in Saxony, Germany

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Shopping center in Saxony, Germany

10,000,000 €
787 € /m²
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  • Total area
    12,706 m²
  • Yield
    5.8%
  • Built in 
    1993
Details
Property parameters
  • Land area: 17,043 m²
  • Number of parking lots: 443
Financial performance
  • Annual income: 580,000 €
Transaction costs
  • Notary (state registration): 2.0%
  • Acquisition tax: 3.5%
  • Broker: 4.0% + VAT

A building with commercial premises.

Description

Total area of the building is 12,706 m².

Plot area is 17,043 m².

The object was built in 1993.

The shopping center includes 37 shops and parking for 443 cars.

Financial performance

Absolute annual income is 580,000 €.

The current yield of 5.8%.

Tenants

The tenant is a chain of German supermarkets.

Transaction costs

Notary (state registration) is 1.5 – 2%.

Acquisition tax is 3.5%.

The broker's fee of 4%.

Location

The object is located in the central part of the city with developed infrastructure, close to public transport stops. The population of the city is about 20 thousand people.

More properties

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

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

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