Shopping mall, Saxony-Anhalt, Germany

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Shopping mall, Saxony-Anhalt, Germany

2,500,000 €
877 € /m²
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  • Total area
    2,850 m²
  • Yield
    6.32%
  • Rental rate (m²/month)
    5 €
  • Built in 
    1994
Details
Property parameters
  • Leasable area: 2,850 m²
  • Land area: 4,500 m²
  • Total premises: 17
  • Number of parking lots: 100
Financial performance
  • Annual income: 158,088 €
Tenants
  • Occupancy: 71%
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 5.0%
  • Broker: 6.0% + VAT

Parking for 100 cars.

Financial performance

The current rental income is 158,088 €.

The expected rental income is 188,669 €.

The current yield is 6.32%.

The expected yield is 7.55%.

Tenants

71% of the property is let. The anchor tenant is a well-known supermarket chain with more than a thousand grocery stores in Europe.

WAULT — 6.4 years.

Location and nearby infrastructure

The property is located in the federal state of Saxony-Anhalt, in a residential area of a town with a population of about 10,000 people.

Saxony-Anhalt is a state of Germany, bordering the states of Brandenburg, Saxony, Thuringia and Lower Saxony. Saxony-Anhalt is renowned for its rich cultural heritage and possesses the highest concentration of UNESCO World Heritage sites in Germany.

More properties

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

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

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    Marina Filichkina
    Marina Filichkina,
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